SonicDeejay
Short

FTSE UK100 Daily Update (5/8/17) *Upside Limited

OANDA:UK100GBP   UK 100
Currently is in Bullish Engulfing Candle.
Likely it will go higher for a time being but I want to warn you is that, upside may be limited.
It can swing up to 7540 as a retest but going is higher is unlikely.

It is early to call for short but I am seeing it will be more and more of Bearish signs to show up.


Trade Safe.

s0nic


Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
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on the way.. as planned
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