FTSE100 Short Trade *TL Break & Retest*

Nice break and retest of bullish TL on FTSE100

At this 5800 level there is also the fib 0.618 and previous S/R zone. I am looking to trade this one down to new intraday lower lows around 5400.

Profit target 1 is at previous lows and key level 5500
Trade active
Comment: Good resistance now formed at entry zone. Looking to trade this down to profit targets as shown on the chart :)
Comment: SCALE IN SHORT POSITION ADDED @ 5750 22/04/2020


Thanks I’m out of this now enjoy your profits
+1 Reply
@rizwanisap17, Good trade mate :) enjoy!
Just entered this trade now at CMP
+1 Reply
@rizwanisap17, Lovely job, 5800ish?
Thanks for your analysis I had something similar on Friday but ended up closing as i don’t like keeping trades open on the weekend. But now it has come back towards my entry I will be entering again when the market opens. Thanks for the analysis makes it more comfortable when a pro has similar analysis.
+1 Reply
@rizwanisap17, Looks good to drop this week
+1 Reply
rizwanisap17 UnknownUnicorn772665
@UnknownUnicorn772665, yes thanks for your analysis
+1 Reply
Thanks for this I have reentered again
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out