UK100 1H Trade IdeaUK100 reached the 3rd touch of the structure and retraced back a bit, however it looks like price wanna create a mini double top before pushing down. Myself, I wanna see an impulsive push down and an M15 Flag before shorting it. CURRENCYCOM:UK100
UK100 trade ideas
Intelligent Trading Academy - FX FTM H4 SELL FTSEWe see a selling opportunity upon us. Note once price action gets to the 200 day ema we will need to trade manage proactively.
UK 100 FUTURE LOOKING FOR CONTINUATIONFTSE 100 is looking good for continuation, it is trying to break through Resistance and hold as Support.
Channel Up for all of 2021 and half of 2022. Fell out of the pattern into an Ascending Triangle and hit Target 1 and 2.
Ascending Triangle complete and Target 1 hit.
If we fail to break current Resistance we will retrace to Targets 1 and 2.
FTSE100: some upside potential?Might we see a similar price action (see the two blue arrows) - hinting to possible similar price action.
A price action above 7260 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Further trend suppport above 7330, which is close to the 200-day simple moving average.
Concern is however that the 200-day might act as major resistance.
However, the target is set at 7560.
Stoploss at 7260.
Remains a risky trade.
UK100 Bulish @ 1HR 25-Jul-22Using ADCD Pattern UK100 Showing Bullish
Possible Entry: 7250
SL: 7200
TP: 7350
Time is now ripe to short UKXNow the chart looks much clearer, there were 2 false breakdowns and if one has tight stop loss in shorting, their positions will be taken out faster than they expected. I believe is 3rd attempt to breakdown will be a genuine one.
Wait for it to retrace back to the trend line and when bearish candle emerge, short it !
UK100 going parabolic wayOANDA:UK100GBP
it looks scary on 1H chart , all green, no pause let wait and watch
FootsieI think the 50% retrace is a good target for this one
Geometry and fibs
NOT TARDING ADVICE
GRI 2022
FTSE100 Targeting A Weekly Wave 4 LowIn this update we review the recent price action in the FTSE100 and identify the next high probability trading pattern and price objectives to target
UK100 12th JULY 2022100 selected UK big companies that are components of the FTSE 100 index. Bullish trend may end this day. I see a bullish potential, the price is in the hourly resistance area. Price is possible to be bullish in the future.
LONG POSITIONBuy on Retest Confirmation for the Upside.
UK100 showing some bullish momentum
am looking for a short ter, buy
FTSE forming ascending triangleFTSE is currently consolidating in an ascending triangle with the corner converging with the edge of the bear channel. Unable to break above 7205 region which is a historical resistance area. Strong likelihood of a price drop soon.
FTSE sell @borisjohnsonRisking 27 for 1136 pips. It may not give up so easy but, what if, Boris, and most likely, resigns today? What’s happening at the moment in UK’s politics is like cannibalism. One cannibal gets injured and the rest turn on them and devour down to the bone. It’s difficult to survive this orchestrated attack. Look for a power struggle between the remaining cannibals. The whole thing makes no sense. I think the ship is going down and the rest will be his-story.
Uk100 Sell IdeaUk100 is in a downtrend.
1. On H4 its due for another swing low
2. On the daily there is a bearish engulfing candlestick pattern
3. This move down is actually at the 718 and I expect a move down from here.
So look for the entry to sell.
This trade idea is based on Fibonacci
UK 5TH WAVE AHEAD BYE BORISThe likely wave structure seem to tell us the the UK is about to see one LAST GRASP
Lets Go Short – Double Top On The UK100Hi Traders,
Today we are on the UK100
In the 4-hour time frame, we see a nice double top.
My entry was the deepest point of the neckline.
I waited for the price to retrace to the deepest point at the top of the resistance of the neckline.
My short position opened then.
I had confluence from the divergence across the MACD as well as the large bearish volume that occurred during the impulsive break of the neckline.
My target is previous support which gives me a Risk/Reward of 1/2
Have a good Tuesday!
The Vortex Trader
FTSE SellRemember :
Your trades could prolonged.
Never could influence anything to the market.
I predict, you predict, they predict.
High paid analyst also predict.
Only thing I control is my bullets.
So, as always. Wishing you all the best!
From my land of sunshine. Malaysia
Good Tradedepending on supply zone their are two zones to react to keep going to 4H demand zone at level 7,000.
UK100 BEARISH PATTERNUK100 CFD had broken the support of the triangle pattern that was formed on the 1H graph. The histogram of MACD indicator is still below the zero line, also confirming a bearish outlook for the instrument.
If the price of the instrument continues its current movement, it might reach levels below 7040. On the other hand, if price reverses, it will most probably test the resistance of the triangle at 7350.
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