On the H4 chart of UK100 the price has been carving higher highs since early June, climbing from the low‑10200 area to break above the 10470 resistance. The last four H4 candles display a tightening range, with each close holding above the prior swing high of 10422, confirming bullish momentum. Volume spikes on the earlier upward thrusts (e.g., 14639, 15427) underline the strength of the move, while the more modest recent volumes (4‑5k) indicate a consolidation rather than a distribution phase. The buy setup is justified by the breakout above 10470, with the stop positioned just below the 10345 swing…

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