FTSE 100 IndexLong
LONG UK FTSE
FTSE is in range bound and will continue even after the budget on Wed 30th.
I wanna be a buyer when price is at the bottom of the range. Two possible entries long: 8,188 (aggressive) and 8,125 (conservative). Condition for the entry is that the price should reach the said levels and then a close aggressively above.
Note that price is also in oversold on Daily and 4h, wich add confluence to this idea.
I will update the idea, so if you follow this idea you see if and when I enter.
I wanna be a buyer when price is at the bottom of the range. Two possible entries long: 8,188 (aggressive) and 8,125 (conservative). Condition for the entry is that the price should reach the said levels and then a close aggressively above.
Note that price is also in oversold on Daily and 4h, wich add confluence to this idea.
I will update the idea, so if you follow this idea you see if and when I enter.
Note
I'm now buying FTSE 8,144. A few days holding (swing trade). Small size 1% of account so If the price go against I will average. No stop loss. Target 8400.Note
Good morning, FTSE at 8,220. Holding full size for now.Note
This trade is taking some time due to rumors on UK economy. Keep holding maybe we will hit the 8,400 target by Mid-Dec.
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