Wave-Trader

FTSE 100 INDEX Watch for breakout

Long
Wave-Trader Updated   
FX:UK100   FTSE 100 Index
57
Hi fellows, FTSE 100 INDEX is forming nice flag which can break up early to the upside and buying from current place based on breakout gonna give us 1 to 1 risk reward ratio. So for better risk reward ratio buy as much low as possible close to the impulse. In case price break below the previous low then it will change the pattern formation. Good Luck fellows.
Comment:
We have seen same pattern formation on GBPJPY on daily time frame and on GBPAUD on 1hr time frame. Good Luck fellows.
Comment:
GBPAUD Example.
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GBPJPY Example.
Comment:
We have seen pattern formation on GBPAUD on daily time frame as well fellows. Example.
Comment:
UK100 Index broken early. Anticipating continuation.
Comment:
UK100 Index broken early but correctively So one more move down is possible. If price test the 786 then look for buy here is the update fellows.
Comment:
UK100 INDEX is going beyond the target
Comment:
Watching top For breakout.

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