gillyblore

$UKX Hourly - Broadening formation

Long
TVC:UKX   UK 100 Index
After this morning's sell-off we now have a confirmed broadening formation. This can be bullish or bearish, BUT confirms the indecision/volatility we have seen recently. We are also on the lateral grey support area. Can take a sneaky long here to play the range with a relatively tight stop. Keep an eye on the wedge that is still in play .

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