FTSE broke out of weekly range
Hi Everyone!✋🏽
UK100 closed below the lower boundary of the range that started to build up in April '21. It can easily fall to the next weekly breakout that is approx. the same distance as the size of the range. Every countertrend on the lower timeframe is an opportunity to go short until the start of the Daily impulse wave is taken back by the buyers on the Daily chart - currently marked as the validity zone.
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Trade safe! ⚪️⚫️
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Thanks for reading my analysis!🤘🏽
Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------------------------
Please remember to support the idea with a BOOST or COMMENT
with your highly appreciated opinion!
UK100 closed below the lower boundary of the range that started to build up in April '21. It can easily fall to the next weekly breakout that is approx. the same distance as the size of the range. Every countertrend on the lower timeframe is an opportunity to go short until the start of the Daily impulse wave is taken back by the buyers on the Daily chart - currently marked as the validity zone.
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Trade safe! ⚪️⚫️
----------------------------------------------------------------------------
Thanks for reading my analysis!🤘🏽
Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------------------------
Please remember to support the idea with a BOOST or COMMENT
with your highly appreciated opinion!
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