Hey awesome traders! Hope you’re snagging pips. FTSE just printed a clean Double Top—first peak near 9,790, second swing failed beneath it, and price is hovering under the short EL ~9,739.7. This puts sellers in control if we confirm below the neckline.
Key Levels
Peaks: 9,788–9,790
Short EL: 9,739.7
Mid level: 9,679.8 (0.5)
Neckline / Trendline break: 9,571.2
200-SMA: 9,488.3
Measured move T1: ~9,355.7
Trading Plan
Aggressive short: Fade the second top / EL 9,739–9,745 on bearish rejection (engulfing/pin).
Stop: above 9,795 (beyond tops).
TPs: 9,680 → 9,571 → 9,488 → 9,355.
Conservative short (confirmation): Wait for a 4H close below 9,571, then sell the retest as resistance.
Invalidation: sustained reclaim back above 9,571, or especially above 9,740–9,790.
Key Levels
Peaks: 9,788–9,790
Short EL: 9,739.7
Mid level: 9,679.8 (0.5)
Neckline / Trendline break: 9,571.2
200-SMA: 9,488.3
Measured move T1: ~9,355.7
Trading Plan
Aggressive short: Fade the second top / EL 9,739–9,745 on bearish rejection (engulfing/pin).
Stop: above 9,795 (beyond tops).
TPs: 9,680 → 9,571 → 9,488 → 9,355.
Conservative short (confirmation): Wait for a 4H close below 9,571, then sell the retest as resistance.
Invalidation: sustained reclaim back above 9,571, or especially above 9,740–9,790.
Trade aktif
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.