FTSE 6870 -> 6700

FX:UK100   FTSE 100 Index
Short entry below 6870, stop 6960, target 6700 (23.6% Fib retracement area or lower channel's range value).

Trade active: Proper naked trading comes ahead of news: https://sg.finance.yahoo.com/news/ftse-e...

Trade active: FTSE has repeatedly tested static level 6870 and opened below it on Wednesday. Expecting intraday decline down to 6790 (S3).

Trade active: FTSE targets 6770/80 area on the downside.
Comment: Close at short term support 6780. Re enter sell trade below lower channel band.

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