Closed with a hang man candle here.
Pattern in yellow trendline was a broadening wedge which sent Ftse into ATH.
Anything that rises this fast usually forms a rising wedge.
Looking for a correction down to 7400-7500 or retest former resistance this spring
Pattern in yellow trendline was a broadening wedge which sent Ftse into ATH.
Anything that rises this fast usually forms a rising wedge.
Looking for a correction down to 7400-7500 or retest former resistance this spring
Note
Crazy how this played out in 3weeks
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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.