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rckh

FTSE 100 forming bullish flag

UK 100 Index (TVC:UKX)  
rckh  
TVC:UKX   UK 100 Index
Trend Analysis Chart Patterns Wave Analysis bullflags Bullish Flag structure pullback Fibonacci Retracement
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trendanalysis chartpattern waveanalysis bullflags bullishflag structure pullback fibonacciretracement
FTSE 100 forming bullish flag
there will be 3 potential directions

(Scenario 1 : Range within bullish flag)
It has broke the yellow structure, potentially pull back to A,
and if it breaks above the structure, then it might reach B

(Scenario 2 : Bullish flag fail)
Potentially fall to C (fibo 0.618), and if it doesn't go lower,
wait for buying signal
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