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ProjectSyndicate
Aug 24, 2020 7:43 AM

UK100 D2: Market BUY now TP +325 points(SL/TP)(NEW) Long

FTSE 100 index of UK listed sharesFXCM

Description

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UK100 D2: Market BUY now TP +325 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: UK100 2days/candle chart review/outlook
::: speculative XABCD setup in progress
::: market BUY/HOLD TP +325 points
::: 5% upside in this market mid-term
::: sellers will come later from overhead
::: valid TP BULLS is 6 400
::: recommended strategy: BUY/HOLD TP +325 points
::: SL below recent lows
::: low risk setup / bounce very likely now
::: just buy/hold low and get paid
::: do not expect fast/miractle gains
::: swing trade setup requires patience
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLS
Comments
Hunter_26
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Great analysis
Bimbo_Chart
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thanks for your Idea, I would like to ask you if you see the correlation between dax and ftse 100, you are bearish on dax but bullish on ftse?
Bimbo_Chart
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@Alex_B1M, indeed......
Aspergilous
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Good job
InkyGrip
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Great set up dude!
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