HaloTrader
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FTSE100 symetrical triangle broken down. Its met temporary support on the way down, however looks as if a flag is forming and i'm assuming a continuation of the downwards movement.
I shorted the open as it gapped past my trendline and have exited for 30 pips which is unusual for me. And now my new entry is 4371 short. Stop loss very close. Really want to see a close below 4355 before this move is validated. Then my next level is the daily support level of 4295.
Will be interesting to see how price reacts to 4295.
Also if price breaks 4372 i will reverse my position and be long for 10 pips.
This should be interesting - I'm going to scalp the low and high of this range until a breakout.
I shorted the open as it gapped past my trendline and have exited for 30 pips which is unusual for me. And now my new entry is 4371 short. Stop loss very close. Really want to see a close below 4355 before this move is validated. Then my next level is the daily support level of 4295.
Will be interesting to see how price reacts to 4295.
Also if price breaks 4372 i will reverse my position and be long for 10 pips.
This should be interesting - I'm going to scalp the low and high of this range until a breakout.
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