UK100 Index bullish setup on 2H(based on weekly)

2021년 2월 1일

My trade idea is based on weekly pattern(flip & MAs & momentum). Daily has on bullish candle reacted to the weekly zone.

So, if price takes out the control high on 2H, I will assume momentum on the small timeframe is up. Now, I got my big buddy as well as my little buddy on my side. The odds of the bullish setup is high.

2021년 2월 5일

노트

As expected, price got issues at the control high. I need to see a confirmed close above the zone. So, wait.

2021년 2월 8일

노트

My weekly as well as daily works well. The 2H is a bit different than I expected at the first place. It didn't conquer the zone at the first try, actually it tried twice. I marked a very small zone on 1H. It might be a entry for quick retest. Basically. The daily and weekly indicate the price to the upside.