Индекс UK 100
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UKX Price Action Analysis | Distribution Schematic

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The Distribution Schematic #2, by Richard Wyckoff:
https://bit.ly/34rPcRe

UK100 is currently in Phase D and has already done a Bearish SFP, which indicates a possible downtrend. This seems like a nice example of the Distribution Schematic #2 and also has a fundamental background due to #Brexit. Rest is Risk Management.

Entry: 7390
SL: 7810
TP-1: 6910
TP-2: 6610
TP-3: 6360
R/R: 2.44


‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices. ‬
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Chart PatternsFTSEftse100FTSE MIB IndexGBPTechnical IndicatorsIndicesTrend AnalysisUKUK100 CFDUK 100FTSE 100 Index

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