The British benchmark index is in a rapid decline.
However, the market tends to simply "slip through" only in exceptional conditions, which I do not currently see in the overall market. There is a chance that there will be a short-term reversal at the March 2023 lows.
We place the SL a bit below the low so that we get a reasonable CRV of 3:1.
In the longer term, it is likely that the FTSE will head for the area around 6,850. There is a lot of liquidity down there and it wants to be cleared.
Therefore, there is also a short setup in the chart.
However, the market tends to simply "slip through" only in exceptional conditions, which I do not currently see in the overall market. There is a chance that there will be a short-term reversal at the March 2023 lows.
We place the SL a bit below the low so that we get a reasonable CRV of 3:1.
In the longer term, it is likely that the FTSE will head for the area around 6,850. There is a lot of liquidity down there and it wants to be cleared.
Therefore, there is also a short setup in the chart.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.