UK100! (FTSE) 28/03/2021
Updated
Last week the FTSE confirmed our bullish triangle pattern, prompting that we will continue higher (for now).
Price ended it week 6770, which looks to be a minor pullback and should continue its move upwards in the following week.
We have found resistance at 6800 3 times prior to this point so a potential bounce downwards to 6730 is probable.
From 6730 is where things matter!!!
we either break below 6700 and continue bearish to around 6600 or we bounce back up towards the Golden zone (I personally will take profits and watch what we do in the golden zone).
NOT financial advice but be inspired.
Price ended it week 6770, which looks to be a minor pullback and should continue its move upwards in the following week.
We have found resistance at 6800 3 times prior to this point so a potential bounce downwards to 6730 is probable.
From 6730 is where things matter!!!
we either break below 6700 and continue bearish to around 6600 or we bounce back up towards the Golden zone (I personally will take profits and watch what we do in the golden zone).
NOT financial advice but be inspired.
Trade active
Golden zone seems to be holding as support, from here there could be more bullish movement to 710.0 If this "support" doesn't hold we could see 6800 or lower (6730).
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