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gillyblore
Oct 30, 2020 9:17 AM

$UKX Hourly - Consolidating, waiting for break  

UK 100 INDEXTVC

Description

Consolidating following heaving selling. RSI is encouraging for a break upwards, but not confirmed yet. A break above 5600 will see the index break above its 20SMA and hopefully touch 5700 region with potentially a gap close. Further selling expected if we break through the lows.

Trade active

Trade closed: target reached

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