FTSE completing the wedge breakout retest

FTSE testing 7500 again

 

FTSE seems to be making a complex double top correction. It is retesting a broken rising wedge resistance 7500. A rejection here could lead to a complete downside reversal to 6800, a possible double top neckline.

Note: look for the short trade entries with the stop loss above 7500

FTSE downside reversal

 

 

 

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