Hi fellows, FTSE 100 INDEX is forming nice flag which can break up early to the upside and buying from current place based on breakout gonna give us 1 to 1 risk reward ratio. So for better risk reward ratio buy as much low as possible close to the impulse. In case price break below the previous low then it will change the pattern formation. Good Luck fellows.
Note
We have seen same pattern formation on GBPJPY on daily time frame and on GBPAUD on 1hr time frame. Good Luck fellows.
Note
GBPAUD Example.
Note
GBPJPY Example.
Note
We have seen pattern formation on GBPAUD on daily time frame as well fellows. Example.
Note
UK100 Index broken early. Anticipating continuation.
Note
UK100 Index broken early but correctively So one more move down is possible. If price test the 786 then look for buy here is the update fellows.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.