UK 100
Short

UK100 Buy Idea

By VladimirRibakov
D1 - Double cycle completed, we may now expect the price to move higher until it reaches the 38.2% retrace zone.

H4 - Price broke the most recent downtrend line and retested it. We may start looking for buys now.

Invalidation - If the price moves lower and holds below this downtrend line, then this setup is invalidated
buydoublecycleTrend AnalysisTrend Line BreakUK100 CFD
VladimirRibakov

Disclaimer