UK100 Strategy 16-Aug-2022 @ 1 HR Bias: Bullish

UK100 Strategy 16-Aug-2022 @ 1 HR Bias: Bullish

Bulls:
1. HH and HL
2. Consecutive Three White Soldiers
3. Important Strong Resistance Broken @ 7539
4. Trend Line intact
5. Big Dip after approx 70 Days and we are still at the 45th Day

Bears:
1. Rising Wedge @4Hr and 1 Hr

Bias: Bullish

Plan A:
Buy on the dip at Support Level 1539
SL: 7492
TP 01: 7685
TP 02: 7622

Plan B:
Sell at 7461
SL: 7541
TP 01: 7380
TP 02 : 7300