Express trade on an hour chart
I am having a look at the FTSE 100 index and I notice that on the hourly chart, you will note that the price has gone above the resistance line at 7400 level and it has gone above the line.
Trade summary:
Long FTSE 100 index
Entry: 7400
Stop loss: 7380
Target profit: 7430
Remember... trade responsibly, your capital is at risk and trading can lead to capital losses.
Until next time, I wish you profitable trading.
All charts sourced: Bloomberg
Odwa Magwentshu | Trading Specialist at GT247.com
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