UK 100
Short

UK100 Sell Idea

By VladimirRibakov
H4 - Bearish convergence, double wave correction, price broke below the uptrend line and is moving lower.

H1 - Double wave up with bearish divergence price broke below the uptrend line, We have a big double wave down and the second leg of this double wave has broken below the 100 fibo level. A flat correction has happened, price broke below the bottom of this range.

We may start looking for sells.
bearishconvergencebearishdivergenceBullish Trend LinecorrectiondoublewaverangeTrend AnalysisUK100 CFD
VladimirRibakov

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