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.
Comment
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.
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