What we are seeing currently from the FTSE is a mixture of positive and negative sentiment. The index has pushed up high facing some backlash, but currently we are waiting for the next larger move down. This is because as the index moves higher it pushes further into the sell zone. When it comes back, we can go long at our support/MA mixture. We can also trade...
Here is a brief analysis of our Dent/USD Longs and why we are taking them.. We have had previous pushes up and the sentiment around crypto's is growing. We have just bounced at our previous Support level and the mixture of MA's, all a great recipe to go long. Now we await the push through the Previous High. Looking to exit around 0.11-0.12 for more gains.
GBPUSD is now at excellent support aswell as at our MA's. An excellent LONG to take for a swing. Other GBP pairs are also at great swing longs, so we can spread risk.
From a Pro FTSE Stock Index trader.. Looking for the FTSE to come back to the Support + Mixture of MA's and we will look long again. For now, It is short back down to this area, where we will then flip long. Lets get it!