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jojofang0901

FTSE100 Top Of Structure, Get Ready for Sell opportunities

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UK 100 (OANDA:UK100GBP)  
jojofang0901 Uppdaterad   
OANDA:UK100GBP   UK 100
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Ascending Channel
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction ascendingchannel

Hello everyone:

Also looking at FTSE100 for the bearish reversal from the top.

We can see similar higher time frame structure here like other indices market. Price has correct within and have few swing highs and lows.

Latest development shows a lower time frame double tops, smaller ascending structure at the top of the HTF structure, good signs of possible reversals.

Watch for a completion of the ascending structure, and look for bearish reversal on the lower time frame for sell entries down to previous lows.

Thank you
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