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VladimirRibakov

UK100 Short Term Sell Idea

Short
FTSE 100 Index (CAPITALCOM:UK100)  
VladimirRibakov  
CAPITALCOM:UK100   FTSE 100 Index
Trend Analysis Support and Resistance Multiple Time Frame Analysis UK100 CFD SELL Bearish Patterns bearishdivergence lowerlows bearishconvergence bearishhiddendivergence bearishtrendpattern resistances
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trendanalysis supportandresistance mtfa uk100 sell bearish bearishdivergence lowerlows bearishconvergence bearishhiddendivergence bearishtrendpattern resistances
D1 - Bearish convergence followed by a pullback,

Bearish hidden divergence.

Price is bouncing lower from a strong resistance zone.

No opposite signs.

H4 - Bearish trend pattern.

Currently it looks like a pullback is happening.

Until the two strong resistance zones hold my short term view remains bearish here.
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