UK100 FTSE Bullish Cypher Pattern

BULLISH CYPHER PATTERN

Took a break from the long term analysis. Now looking at opportunities for the coming few weeks.

The first one I'm looking at here is a bullish Cypher pattern which has already complete and we are well on our way to hit the first target of this type of pattern which is the 38.2% retracement at 7399 then the second target which is at 7472. I'm sure some traders are already in this trade. I'm not (smh) but depending on what happens when markets open, I may just get in to this and get whatever pips I can. Surfing and fishing at the same time right?

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critic, refute, agree!

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Chart PatternsFTSEftselongHarmonic PatternsTrend AnalysisUK100 CFDuk100long

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