UKX: 06.02.2017 D1 graphics.
A long and clear upward trend.
Formation "head and shoulders" as a break below 7245 will activate it and will give us reasons to sell the the break or after the test.
The price breaks 50SMA and opens with a gap after the break - negative moods
DeM (14) break below 0.3 and enters the zone of a resold market - possible acceleration of negative sentiment.
SL 7410,00
Alternative scenario: If the price does not break and has suitable price action signal - can wait to test new short arm poztsiii.
Trader Nikolay Georgiev
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