JFD_Research
Long

FTSE100 - 240 - Breaking out

TVC:UKX   UK 100 Index
Trade Alert

FTSE100 is picking up the pace again and is trying to make its way higher again. The current set-up is slightly on the bullish side. The index is breaking above its key resistance level , at around 7355 barrier. If this 4 candle closes above that barrier, we will aim slightly higher.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.
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