FTSE is breaking below a strong downside resistance
FTSE is breaking below 7000. This is a break above the long-term rising wedge consolidation and a break below a strong horizontal downside resistance. Confirmation extension below 6900 is now opening an accelerated downside continuation to at least 6000, which is also 50% retracement of February 2020-November 2022 swing upside.
Note: look for the short trade entries with the stop loss above 7000
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