UK100 index regained lost ground and intends to move up

  • Dec 07 2021
  • by
  • Analyst AZA
UK100 index regained lost ground and intends to move up

UK100 index regained lost ground and intends to move up

Most of the stock indices have started to rally in recent days. The British UK100 index is the growth leader. The price was able to overcome the strong resistance level. The growing trend is strengthening, and therefore there is every reason to expect the trend to continue. We will open a position when the price turns out to be slightly above this resistance level. We placed the Take Profit order at the next resistance level.

Symbol: UK100
Order Type: Pending Order - Buy Stop
Entry Price at 7325
Take Profit at 7370
Pips Earning: 45

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1260
USDJPY buy at the price of 113.75
GBPUSD sell at the price of 1.3190
USDCHF buy at the price of 0.9270

The result of a trade recommendation.

The result of a trade recommendation.

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Trading recommendation for stock index
The profit can be $450.00 if the trading volume of 10 Futures.
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