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UK100 index tries to catch up with US indices

  • Aug 13 2021
  • by
  • Analyst AZA
UK100 index tries to catch up with US indices

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

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The profit can be $831.00 if the trading volume of 10 futures.

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