UK100 SHORT INCOMING WEEKLYHi there,
UK100 has reached the BIG RESISTANCE LEVEL.
Every time UK100 reached that level, it has ALWAYS got sold down.
It may RETEST the resistance level for a 3RD time then SHORT.
The MARKET is currently at A DOUBLE TOP.
TIME FRAMEE = WEEKLY
kind regards
Uk100trading
UK100 long running 📈👏Trade details for current trade are shown on the chart.
Trade has been live since 7:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Previous trades can also be seen on chart one found TP one found SL which was covered in an idea Monday.
Lets see how this trade plays out.
Trade history can be seen at the foot of this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren