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Uk100 Negative Divergence Setup, another try!
there is a good channel forming on the FTSE100 and i have seen 2 attempts to break the resistance at the 7200 level. Looking for a short position with a TP1 of 7166 and a final TP at 7094
Will it work? We don't know...
The question is, how much do we think it's worth ?
Take the odds and pay for them ;)
Hello pips lovers!
I am "projecting" it as a correction from the previous structure breakout...
The ABCD pattern formation at Bat completion point is also printed, so we can support this trade idea on both patterns, the Bat and the ABCD.
The Bat pattern is valid on each the points, from Point B as an X to A retracement between the 50% <> 61.8 (closing ...