UK 100 Index (UKX) Bullish Wave Is Coming?!

27 Apr 2020

hey guys,

a perfect example of a reversal pattern on UK 100 index.

we see an ascending triangle with a sequence of higher lows and a strong horizontal resistance that still holds!

wait for a bullish breakout of 5850 resistance and buy on pullback expecting a bullish continuation.

target levels:
6150
6500

based on structure!

good luck!

if the market breaks below the rising trendline, setup will be invalid