hmaroudas

UK100 - Skill or timing?

CAPITALCOM:UK100   FTSE 100 Index
I love this chart, so different but yet so technical. Parallel channels, crossroads. Trend Based Fib extension used from low to high to low. Retracement to fib 0.618 if losing 0.382. Continuation on the green spider web channel up with resistance at red 0.382 (middle of the channel). Should the trend continue, will be looking at fib above at 0.618. I like it.
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