UK100 8 hours short rips/rallies tp 7350

🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined
trading range, risk/reward flipped in bears favor after we got rejection near
range highs, therefore recommend to focus on sell setups.

🔸Range highs set at 7660, range lows set at 7350, premium prices overhead
at 7700 and 7750, below at 7250 and 7300. Trading now near range highs.

🔸Recommended strategy bears: focus on short selling rips/rallies, bears
will target re-test of range lows near/at 7350. strong risk/reward on sell side.

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