Analysis

FTSE 100 - Bullish, but risk: reward isn’t attractive [Video]

Initiating fresh longs at record high levels is challenging, given the recent low is at least 300 points away. That makes the risk: reward ratio quite unattractive. Nevertheless, one may participate in the bull market rally by identifying stops (support levels) on 30-min chart. More in today’s FXSweep video with inputs from Alejandro Zambrano, Chief Market Strategist at LondiniumFX, and Zak Mir, Technical Analyst, Tip TV.

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