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gillyblore

$UKX Hourly Potential bullish C&H/bull flag -waiting on sideline

UK 100 Index (TVC:UKX)  
gillyblore Updated   
TVC:UKX   UK 100 Index
Chart Patterns FTSE 100 Index ftse100
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chartpattern ukx ftse100
The potential RHS of a larger H&S pattern we identified earlier this week is potentially changing into a bullish C&H pattern or a bull flag. The indecision between two conflicting patterns makes me feel uncomfortable so I will wait for further developments before getting involved. Last couple of days have been low vol days which usually precede larger moves. Maintaining capital is key
Trade active:
Bull flag break confirmed -first target = 6310
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