gillyblore

UKX Hourly - Higher high following successful bounce off support

Long
TVC:UKX   UK 100 Index
Higher highs and higher lows are in place following a successful bounce off lateral support. Still favouring a long bias with a full target of 7050ish and SL of 6890. I am expecting some resistance around 6965 (NB NB) - I will be monitoring closely for any potential reversal. Through this crucial point, one can look to add to their longs, but a reversal here will see me swing to a short position. Updates to follow as we progress

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