(LIVE) UK100 INTRADAY COVERAGE - SEE UPDATES SECTION

מעודכן
Just like the title suggests I will be tracking the UK100 futures live throughout the day with updates regarding entries, stops, targets etc.

Make sure to stay tuned and pay attention to the updates.

Like and comment if you find this helpful.

Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
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supply and demand zones outlined on the chart

the asset could give a 2x bottom and shoot up to retest the POC
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giving us a wedge-like formation on the 1m. Indicating a reversal?

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if prices breaks and closes out of the wedge i will set a buy stop above the light blue line
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Pending buy stop @ 7659
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price is moving to the downside again
looks like it's going to complete the 2x bottom which works better
in that case i will cancel my current pending buy and choose another better level
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breaking out nicely - will wait for a 1m flag to form
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price took off - unfortunately didn't get a proper setup to jump in
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will still monitor
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back into the demand zone it goes
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inverse head and shoulders formed

buy stops above the neckline
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order cancelled as price tanked yet again
Chart PatternsdaytraderdaytradingfuturesIndicesTrend AnalysisUK100 CFDWave Analysis

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