Short FTSE100 - Hammer forming?

١٨ أغسطس ٢٠٢٠

It looks like a hammer could be forming in the FTSE100 today. I am short here and adding until the 50dMA at 6165 area. Looking for a pull back to 6050. Good luck!

١٨ أغسطس ٢٠٢٠

ملاحظة

I am taking profit at 6078 as we approach a resistance level of a few sessions. Entry was 6140, 6150 and largest position at 6160 as per the above. I was short 30 at an average of 6155. Profit of 77*30 = £2,310. Good days trading.