UK100 could possibly go down

30 Oca

There's a possibility that UK100 might be heading downwards, considering its prolonged upward movement. Two bearish divergences are evident, potentially indicating a formation of a lower high (LH). Divergences are visible across multiple timeframes, strengthening my conviction in the downward trajectory. A trade setup is provided on the chart. I'm interested in hearing your thoughts on this. Cheers!

31 Oca

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