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WaggyWag

UK100 - LONG OPPORTUNITY. BREAK & RETEST!

Long
UK 100 Index (TVC:UKX)  
WaggyWag  
TVC:UKX   UK 100 Index
Support and Resistance
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supportandresistance
On the 4h timeframe the price has broken resistance and now retesting it as support.

In my opinion I feel that it has rejected the retesting of the new support, therefore I will look to go long.

Trade at your own risk.

This is an idea, I am not a pro.

Thanks, Waggy.

Comments

barryabs
i think price looks stretched.. don't forget we're still in a double-dip recession, still in national lockdown, still have Brexit on the table.. recent vaccine fever has died down.. election died down..
Reply
hoodrhys86 barryabs
@barryabs, AGREE
Reply
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