FTSE100 has formed a bearish butterfly pattern in the 1hr chart and is currently trading around 6290 where I placed a sell stop order.
The intraday scenario shows
Risk of falling to 6,170 which will not affect the current trend but it could represent a temporary correction.!!
All details on the chart.
Good luck.
The intraday scenario shows
Risk of falling to 6,170 which will not affect the current trend but it could represent a temporary correction.!!
All details on the chart.
Good luck.
Note
First Target reached.. yoyoTrade closed manually
Before the price returned to the break-even point.Have a nice day
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.