UK100 – Buy the Dip Near Support as Bottom Forms
Trade Idea
Duration: Intraday
Expires: 15/07/2025 06:00
Technical Overview
No major events are expected in the next 24 hours, allowing technical dynamics to guide price action.
Key Technical Levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 8,905
- Target: 9,015
- Stop Loss: 8,867
Duration: Intraday
Expires: 15/07/2025 06:00
Technical Overview
- Price action is forming a potential bottom, suggesting that downside momentum is slowing.
- The primary trend remains bullish, with no clear indication that the broader uptrend is ending.
- The strategy favors buying on dips, supported by bespoke support at 8,905, offering a low-risk entry area.
- If price moves above 9,015, it would confirm a rebound and support a move toward higher resistance levels in subsequent sessions.
No major events are expected in the next 24 hours, allowing technical dynamics to guide price action.
Key Technical Levels
- Support: 8,915 / 8,620 / 8,390
- Resistance: 9,290 / 9,485 / 9,770
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.