Weekly Analysis of UK100 Butterfly 🦋
Aggiornato
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.
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.
Nota
UK breaks triangle trend lineTrade chiuso: obiettivo raggiunto
about golden levelNota
UK Rise up more after minor correction at butterfly resting level
Trade attivo
as i expected UK100 rise up after minor pullback from level 1.27second buy order is activated
Trade chiuso: obiettivo raggiunto
8450Trade attivo
SELL ORDERTrade chiuso: obiettivo raggiunto
8200Trade attivo
Nota
Nota
Trade attivo
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