Hello we are part of a new community called lucky trading club in tradingview so let's begin our second analysis.
UK100, ftse100 will crash, we have a eqh on 7700 with a lot of liquidity it was already taken last friday on 7900, also we have 5 waves of elliot and harmonic pattern in the range of 7700-7900
We still in uk100 ATH when all institution begin to sell gradually and uk economy still in acute crisis because inflation and decrease of pbi.
In ressume a lot of confluences to take this short position.
Type of trade: Swing.
Entry: 7840-7900
Our targets
Target 1: 7700
Target 2: 7580
Target 3: 7400
Target 4: 7200
Max x20