UK100 8 hours short rips/rallies tp 7350
Diupdate
🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined
trading range, risk/reward flipped in bears favor after we got rejection near
range highs, therefore recommend to focus on sell setups.
🔸Range highs set at 7660, range lows set at 7350, premium prices overhead
at 7700 and 7750, below at 7250 and 7300. Trading now near range highs.
🔸Recommended strategy bears: focus on short selling rips/rallies, bears
will target re-test of range lows near/at 7350. strong risk/reward on sell side.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
trading range, risk/reward flipped in bears favor after we got rejection near
range highs, therefore recommend to focus on sell setups.
🔸Range highs set at 7660, range lows set at 7350, premium prices overhead
at 7700 and 7750, below at 7250 and 7300. Trading now near range highs.
🔸Recommended strategy bears: focus on short selling rips/rallies, bears
will target re-test of range lows near/at 7350. strong risk/reward on sell side.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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