C_Dream
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Joined May 27, 2020
chartpattern
fibonacci
fibonacciretracement
indices
short
trendanalysis
uk
uk100
uk100short
ukxshort
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Good morning, from my previous analysis on UKX, I'm confident that the next move will be a retracement on the Fibonnacci. As labeled on the diagram, the price exceeded the resistance that was in place at 0% and continued to reach 27% (currently), due to buying pressure exhausting the price causing it spike which will, hopefully, result in price falling to 6237.6...
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