robbyduffy

channel trade 19th July

TVC:UKX   UK 100 Index
Not much of a spike at open but selling on the 5min bar break for the 8-8.05 range worked .

Hourly bar break might be tricky because of the 8-9 range. The price immediately filled last night's gap.

We have lower highs the last few days. Although my LR line is pointing upwards I think it will level out soon.

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.