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KVE
May 4, 2016 7:50 PM

FTSE Update on hourly: Bullish bat Long

FTSE 100 index of UK listed sharesFXCM

Description

It seems I could get smaller TF's all along..., just another ticker, UK100 instead of FTSE...
Thanks to TV member FtseSignals (tradingview.com/u/FtseSignals/) for pointing that out!

Bat on 4H timeframe to best get a 'feel' for what's going on... Current candle looking good as said on previous post...
Stochastics and RSI looking good for at least some retracement upwards atm.
Impulse count wave 3 of 3 possible, MACD formed lower low, so watch out: retracement yes but possibly still downside to come after this...

If not in yet, look for smaller TF setups, also to possibly get a tighter SL and better R/R...

Trade closed manually

Looks like it's not going to happen... On this now:
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