UK100

UK100 trading signal

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Short trading signal

UK100 denied the highs at 6468.70 and made a lower highs right after, which has been leading the price action now to a further downside.

The middle term of 65 SMA has been broken down and therefore an up momentum for UK100 was weaken.

Immediately resistance levels at H1 TF for UK100, we see at 6355.40 (65SMA) and 6377.50.

For a lower support zone 6156.50 should be looking for, and from there a range will probably be formed in a middle term.

Detailed take profit levels and stop loss, take a closer look at our trading signal for UK100:

 

Trade well!

 

Tradingscenes team

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