UK 100 IndexLong
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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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.