Charlieab94
Short

FTSE100 Short Trade *WEDGE PATTERN & TL BOUNCE*

OANDA:UK100GBP   UK 100
Price is rejecting the top TL of the wedge pattern that's forming on the FTSE100 index.

FTSE being propped up by a weak pound and brexit. If some progress is made and GBP gains some strength again then FTSE should begin to drop .
Trade active
Comment: Nice bearish momentum. Positions moved to risk free now
Trade closed: target reached: Profit target smashed. Closed out for 14:1 R:R
Comment: Full analysis and trade management of this trade can be found on my blog https://diaryofafinancekid.com/2019/10/0...
Full analysis and trade management of this trade can be found on my blog https://diaryofafinancekid.com/2019/10/04/trade-breakdown-ftse100-short-october-19/
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