UK100GB Short

This index is forming a rising flag, which might be an indication of a potential bearish momentum.

Also, according to the clients' sentiment, the majority of traders are buying the index - 72%, and I anticipate that the price might move in their favor.

My entry point is 7400, my stop loss at 7480, and my TP at 7230, as my R: R for this trade is 1:2.

Note, risk only 1% of your account.

Trade ativo:

It is active.

Trade fechado: stop atingido:

Hit SL.

We will wait for the price to retest the zone and reenter the trade again.