On the UK100 H4 chart the market has completed a classic bull‑flag pattern. After a sharp rally to the 10760 region, price retraced sharply, carving a well‑defined lower channel between roughly 10430 and 10480. The most recent candles show a bounce from the 10430 trough, with the close stabilising above 10490 and volume rising modestly, indicating buying interest at the lower boundary. Key support now sits near 10470‑10480, while the prior swing high around 10570‑10580 offers the next resistance. The buy entry is positioned just above the support zone, giving the trade a favorable risk‑to‑reward profile. A stop loss placed…

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