InvestMate

πŸ‡¬πŸ‡§ UK100 Direction North πŸ‡¬πŸ‡§

Long
CAPITALCOM:UK100   FTSE 100 Index
πŸ‡¬πŸ‡§ UK100 Direction North

πŸ‡¬πŸ‡§ Today's strong breakout of the main British index has opened a great opportunity for the possibility of a continuation of the upward trend.

πŸ‡¬πŸ‡§ The price at the opening of pre-session trading last night slid to the support zone determined by the 0.236 level of the entire upward wave. Then there was a strong breakout and at the opening of the trading session it lifted the price to new peaks. Where the resistance zone is currently located.

πŸ‡¬πŸ‡§ Looking at the strong trend and the technical environment, the continuation of growth at this point seems very likely.

πŸ‡¬πŸ‡§ The scenario I am playing out is a continuation of the increases to reach new local peaks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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