UnknownUnicorn483829

FTSE UK100 - Short - new position (see related)

Short
TVC:UKX   UK 100 Index
Hi all

After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour.

I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower.

It is cycling lower nicely and an I think indices could be in trouble over the net few week.

Thanks for looking.

Duncanforex.com coming soon
Trade active:
Hi all, I have entered a second position short at 7346.10
Trade active:
Hi all
Trades are still live and going well
Trade active:
Hi All
Trade is still live, stops are at entry point - will be looking to move them lower once this new swing high is printed at 7250 area.
Trade active:
addtional entries at 7214 taken short and 7050 area is looking good for some take profit
Trade active:
Stops moved to 7240 area with Yen strength decreasing, I think this will retrace up
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.