UK100
Intraday - We look to Buy at 7500 (stop at 7445)
Previous support located at 7550. Previous resistance located at 7620. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 7620 and 7650
Resistance: 7620 / 7650 / 7700
Support: 7550 / 7500 / 7450
Please be advised that the...
UK stock index is retracing a little after the bit impulsion that we predicted in our previous Analysis. If you are not in open position you can buy One at the CMP and second buy limit will be 6550.
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UK100 Ascending Triangle Long Position
Entry: £6,861.3
TP & RR: £7,036.9 (2.21)
Stop Loss: £6,781.8
REASONS FOR THE TRADE
Unfortunately, this is not a trade that I will take since I already have enough positions for the day and my system prohibits me from being overexposed. From a technical point, this seems like a sound trade - testing lower trendline in...
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
In percents away from all-time high & low by last close (57 Share Indices)
drive.google.com
Best regards :)
Aaron
