Short FTSE

מעודכן
My simple short idea, divergance on few time frames. We are overbought, no reason for more upside for me.
Take care
עסקה פעילה
Reversal arent't easy play it smart.
הערה
תמונת-בזק
another postion added
הערה
stop loss modified to 1,5 percent
הערה
Let's see if yellow and red resistance hold, don't know if we see the top but it's probably. On daily we are RSI is about 70, MFI 80 so we overbought. Let's see.
תמונת-בזק
עסקה פעילה
תמונת-בזק
just be patient
הערה
תמונת-בזק
we have to take lower low to confirm reversal
עסקה פעילה
תמונת-בזק
There we go.
הערה
My educated guess is we're going down today. No upward momentum. Stay short, secure your profit before us session.
Take care of yourself!
תמונת-בזק
עסקה פעילה
תמונת-בזק
Possible new channel is developing. I am bear this week and set sell limit near 7900. I did some scalping on the way down and took profit.
Take care
הערה
תמונת-בזק
Hello, (update 1/3)
H1 RSI and MFI almost overbought
I was wrong about the geometry of the trend channel, not the first time.
I will try to take short positions at levels 7960-8020. If I'm wrong, I'll try again with R3. Channel lines should be replaced with an inclined surface
It's always good to take profit.
Take care

Weekly pivots:
R3: 8159.1
R2: 8093.1
P: 7935.1
S1: 7843.1
S2: 7777.1 (looks like tp1)
S3: 7685.1
הערה
תמונת-בזק
Divergency still valid, the question is: are we going to retest trendline on RSI?.
הערה
Daily timeframe, indicators are not overbought yet, almost.
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הערה
Weekly idea:
21 ema blue
50 ema yellow
200 ema red
תמונת-בזק
Take care, tell me what you think.
הערה
For now, no position. I am going to re-short ftse to the ground, have to take a rest. Indicators in the middle
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תמונת-בזק
הערה
תמונת-בזק If you took it as swing trade congratulation. Take care
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תמונת-בזק
target almost reached, be careful with trading today.
Take care
עסקה סגורה: היעד הושג
Target reached with some extra points for you. Sad thing that i have 4 likes 😂. I have no idea what is going to be next, whipsaw is expected
Take care
הערה
תמונת-בזק
Recently market got hit by news. On daily we are oversold, 4 hours nice bullish divergance. Let's see if we are going through the weekly pivot.
Take care
הערה
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Recent chart update.
No idea what direction will be next week, already shorting dax but I may be wrong.
הערה
Weekly Pivots and trendline
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הערה
Simillar situation to DAX, I will sell short higher because we are oversold on 4h.
If it is going down just short it.
Take care
תמונת-בזק
Chart PatternsFTSEftse100Technical IndicatorsRising WedgeTrend AnalysisUK100 CFD

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