UK 100 Index (UKX) Bullish Wave Is Coming?!
hey guys,
a perfect example of a reversal pattern on UK 100 index.
we see an ascending triangle with a sequence of higher lows and a strong horizontal resistance that still holds!
wait for a bullish breakout of 5850 resistance and buy on pullback expecting a bullish continuation.
target levels:
6150
6500
based on structure!
good luck!
if the market breaks below the rising trendline, setup will be invalid
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