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UK100 index tries to catch up with US indices
Most of the US indices soared and continue to rise. The British index is also in a growing trend and was able to break through the immediate resistance at £ 7215. A little higher, the price has created a fractal that we will use to open an order at £ 7240. We place the Take Profit order at the flat level of £ 7300 where the price can get resistant.
Symbol: UK100
Order Type: Pending Order - Buy Stop
Entry Price at 7240
Take Profit at 7300
Pips Earning: 60
Forex trade strategy and trading signals for major currency pairs:
EURUSD buy at the price of 1.1770
USDJPY sell at the price of 110.15
GBPUSD buy at the price of 1.3835
USDCHF sell at the price of 0.9195