SEYED98

Weekly Analysis of UK100 Butterfly 🦋

SEYED98 Uppdaterad   
FXOPEN:UK100   FTSE 100 index
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern using Fibonacci tools.


In the context of financial markets, the phrase "pull back to last golden level and flying UK100 butterfly to next golden level at 8320" suggests a potential upward movement in the UK100 index, possibly after a period of consolidation or retracement.

Traders and investors may interpret this as a signal to anticipate a bullish momentum, aiming for a target level around 8320.

It highlights the importance of identifying key support and resistance levels, and the potential for significant price movements.

As with any market analysis, it's crucial to consider risk management strategies before making trading decisions at black circular region.
Kommentera:
UK breaks triangle trend line
Trade stängt: målet nått:
about golden level
Kommentera:

UK Rise up more after minor correction at butterfly resting level
Handel aktiv:
as i expected UK100 rise up after minor pullback from level 1.27


second buy order is activated
Trade stängt: målet nått:
8450
Handel aktiv:
SELL ORDER
Trade stängt: målet nått:
8200
Handel aktiv
Kommentera:

Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.

GOOD LUCK.

SEYED.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.