FTSE 100 forming bullish flag
there will be 3 potential directions
(Scenario 1 : Range within bullish flag)
It has broke the yellow structure, potentially pull back to A,
and if it breaks above the structure, then it might reach B
(Scenario 2 : Bullish flag fail)
Potentially fall to C (fibo 0.618), and if it doesn't go lower,
wait for buying signal
there will be 3 potential directions
(Scenario 1 : Range within bullish flag)
It has broke the yellow structure, potentially pull back to A,
and if it breaks above the structure, then it might reach B
(Scenario 2 : Bullish flag fail)
Potentially fall to C (fibo 0.618), and if it doesn't go lower,
wait for buying signal
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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.
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.