H4 - Bullish divergence Downtrend line breakout Bullish trend pattern Until the strong support zone holds I expect the price to move higher further after pullbacks.
Overall Uptrend on 1 Day Symmetrical Triangle on 4hr and 1hr Enter on breakout
UK100 is going to buy because we have a break of structure for potential upside movement, (DAILY STRUCTURE)
UK stock index is retracing a little after the bit impulsion that we predicted in our previous Analysis. If you are not in open position you can buy One at the CMP and second buy limit will be 6550. If you like my idea just hit the LIKE button.
UK100 Ascending Triangle Long Position Entry: £6,861.3 TP & RR: £7,036.9 (2.21) Stop Loss: £6,781.8 REASONS FOR THE TRADE Unfortunately, this is not a trade that I will take since I already have enough positions for the day and my system prohibits me from being overexposed. From a technical point, this seems like a sound trade - testing lower trendline in...
We can see a trend line ( blue line ) that has been respected recently ( price coming down to touch it then bouncing ) And price has also been respecting our support/ resistance line ( green line ) you can also see this from where price has touched and bounced. Price is currently at this level and is testing it as support, now we think price will bounce and make...
UK100 Index Long with possible targets and SL highlighted www.tradingview.com
FOREXCOM:UKXGBP This uptrend is a charm.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive In percents away from all-time high & low by last close (57 Share Indices) drive.google.com Best regards :) Aaron