Potential Spring (tight ABCD) in FTSE

106
TIght ABCD which I call a Spring happens from a previous support level.
Also, the level of the reaction we observe is a small gap which is an area of interest where price tends to go.

Weekly is above 20 EMA, Daily as well. Stochastics is in the overbought zone as well.

Now a positive entry bar is needed to confirm the entry.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.