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Short

UK100 H4

162
Identifying a reversal, we have 2 patterns here. First the double top that occured as price failed to break the all time high, along with a breakout of the rising channel. Watching the lower timeframe for slight retracements & a bearish continuation.
Profound_Ambition
IndicesmarketshiftriskoffSupply and DemandSupport and ResistanceTrend AnalysistrendreversalUK100 CFD

Disclaimer

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.
IndicesmarketshiftriskoffSupply and DemandSupport and ResistanceTrend AnalysistrendreversalUK100 CFD
Profound_Ambition

Disclaimer

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.