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gillyblore
May 13, 2021 9:26 AM

UKX Hourly - Worth a cheeky long  Long

UK 100 INDEXTVC

Description

Our bear flag played out beautifully and I don't think the selling has finished BUT it was a very quick move and we now have some RSI divergence. I have taken profit on my shorts and swung long looking for a bounce towards 6900. Against the trend so will be keeping my stops tights. NB only looking for a bounce here - can only hold longs if we see a trend change.

Trade closed: target reached

Comment

Leaving a runner on part position to 6940 with trailing stop

Trade closed: target reached

And out at 6940
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