ContraryTrader

FTSE in hot water

Short
TVC:UKX   UK 100 Index
Closed with a hang man candle here.

Pattern in yellow trendline was a broadening wedge which sent Ftse into ATH.

Anything that rises this fast usually forms a rising wedge.

Looking for a correction down to 7400-7500 or retest former resistance this spring
Comment:
Crazy how this played out in 3weeks

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