robbyduffy

channel trade 21st June

Long
TVC:UKX   UK 100 Index
2
After that initial BoE boost, there was a massive 100 point sell off. The slow descent seems to just be price action and fevered trading, though I got cut a few times with that falling knife. It would have made a textbook london open downtrend traded if it hadn't just peeked its head 3 points over the 8-9am bar.

Expecting to see pivot today.

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.