itrade2win

Ftse100 Bounce Back

Long
FX:UK100   FTSE 100 Index
3
Entry hitting the trend line or as close to 200 sma. As possible. Stop loss just under the daily 50% Fibonacci and the weekly 38.20 Fibonacci retracement level, giving us very strong support for protection. In an oversold position. Should give a nice bounce back.
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