Индекс UK 100
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Behind that smile ......

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One of the last few country to launch the fiscal stimulus, I wonder if they do study what is the impact it has on other countries ahead of them. If it does not work, why are they following it blindly?

I doubt this stimulus is going to do much help, maybe a dead cat bounce that allows more shorts positions to be piled up........
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notice 20 Mar candle is a pin bar followed by 2 bearish candles which confirm selling pressure is still present.

It does not breaks above the trend line as well which serves as a guide to tell you to get out or get in. Simple rules but to follow diligently requires discipline. Humans like to beat the system and comes out with creative ideas why it should not follow the rules and sometimes we win. And this win can be disastrous as it shifts you out of your own trading rules which you craved to have one at the beginning.

Such contradiction is common among traders before he settled for his "first love" and promise never to flirt with other rules of engagement again. Hopefully, the hurt (losses) are not so severe that it stops the love from coming back.
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congrats to those who short.
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scmp.com/news/world/united-states-canada/article/3078022/coronavirus-latest-europe-death-toll-tops-30000

Unless there is concerted efforts on both government, business owners and people working in unity : staying at home, going out to get food only, wash hands, social distancing, etc, Covid-19 will continue to spread.

Kindly pass this message along to everyone in your circle. Protecting them is also protecting you too:)
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cnbc.com/2020/04/14/coronavirus-uk-europe-starts-to-lift-lockdown-measure-but-not-britain.html

Facing resistance at 5800 level, it can goes both way, either breakout and go higher or breakdown. wait for the price action to tell you what to do next
Chart PatternsTrend Analysis

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