olly48

FTSE 100 Looking For Long After Retrace

Long
TVC:UKX   UK 100 Index
This is making a retrace after spiking 3 days ago. I am looking for an entry around 0.5 Fibonacci as this aligns with some previous resistance although it is best to wait for confirmation as it could drop further. Once we see a rebound target will be at a new high and where it will meet resistance of 7004.

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