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robbyduffy
Aug 2, 2017 8:29 AM

channel trade 2nd Aug 

UK 100 INDEXTVC

Description

Opening spike: didn't reach 10 points It reached 8 but I think I would only have got 4 points out of that trade if I had traded.

5min bar break: down was good.

1h. Not yet breached and could go either way. If it goes down I will ride this trend.

Gap close: still looking to reach Monday's close which is why I'm bearish today.

Trade active

it just breached and retracted. Could be a false break. Otherwise Target would be 7367 on this chart.
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