WicktatorFX

UK100 - Further Upside

CURRENCYCOM:UK100   FTSE 100 Index
UK100 has been steady moves to the upside. It has broken out of a correction and making its move back up now.
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Comments

Nice analysis, thanks!
100 coins
+2 Reply
@loudon3, Thanks Paul!
+1 Reply
hey @WicktatorFX I have a question on this. Now that the candles moved out of original trendline, when you look at it again, do you readjust to drag it to align with newer candles? or is it considered as break of trend? e.g. the candle on 25th March has formed the new higher 'low'. Thanks
+1 Reply
WicktatorFX MasterSaps
@MasterSaps, hey mate, yeah adjust the trendline so that it catches the other candles. The overall pattern has changed now. We required an impulsive break of the trendline for a short but we didn’t get that
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