SHORT FTSE100Already managed to call the top with prior published chart but look here at the comparison with GBP/USD.
Two charts are pretty much inverses of each other up until that long vertical arrow shown.
Since then GBPUSD has recovered nearly all of its losses however FTSE has only retraced a fraction of the gains made in the same time frame. I think a correction will come.
Theresa May set to meet Trump this week and aiming to get a trade deal in place very soon. Could spike sterling further and exaggerate the difference further.
Ftse100short
UK 100 : D Keep an eye on continuation or reversal signalAs shown in this chart, there are 02 pissible cases:
- Break of momentum at 7339 level;
or
- BO that can gives more up towards 7539
FTSE100 shortBearish shark harmonic in play, looks over bought on daily chart.
Also expecting USD to come off a little bit which will likely result in this following
SIMPLE IDEA: FTSE 100 SHORTBearish divergence on 4H chart.
GBPUSD up 120 pips from 1.22 lows.
Target: missed weekly pivots at 7040, 6970
