DENCHMON

UK100 Long Term Prediction

Short
OANDA:UK100GBP   UK 100
Not much on the UK100 but if looked at closely the trade is simple.

Bearish push down from 17 Jan 2020, then consolidation all the way to 08 july 2020.

09 July drop

12 july up to consolidate/test "trend line"

24 July drop again!

My prediction is that we may see another push down.

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.