LukeChart

FTSE - Long

Long
LukeChart Updated   
FX:UK100   FTSE 100 Index
After the pound continues bearish due to BREXIT and the ongoing uncertainty, negatively correlated to the FTSE. Nice week of test candles signalling to me a price turn is on it's way. Short-term trade. Double bottom has formed on the weekly acting as another key confirmation here.

Lesson learnt that over-optimistic targets mean more manual adjustments to trades and missed profits, being realistic not optimistic from now on.
Comment:
TP hit
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.