Potential Double Top in formation on FTSE
Observation from the chart looks like we may have a double top on the Daily timeframe. If this is confirmed then we could see a big move down.
The way to play this is to place pending Sell Stops below the 7000 area and target the nearest monthly pivot in the 6825 area.
The way to play this is to place pending Sell Stops below the 7000 area and target the nearest monthly pivot in the 6825 area.