UK100 H4 Sat on a key level of resistance, this 8000 price offer a whole/psychological number, H4 resistance and H4 demand, totalling our 3 confluences to signal. I’d love to see some price action confirmation, but often with these stock indices, it’s not worth waiting for.
As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).
FTSE broke its support after what seems like a distribution. Should at least go down to major support for a major correction that is pending
In the ever-evolving landscape of digital publishing and price comparison, LSE:FUTR Future PLC stands out as a beacon of robust growth and potential. Founded in 1985 and headquartered in Bath, the United Kingdom, Future PLC has carved a niche for itself by publishing and distributing content across a spectrum of sectors including games, entertainment,...
As described before one of the worst index's to have been exposed to for decades WHILST during rampant #UK inflation The FTSE did nothing to help you out. Yet here we are about to see it get sent to 5 figures.
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
After enduring two corrections, the UK100/FTSE index appears poised for a significant upward wave, potentially leading to a new all-time high. Market analysts anticipate a resurgence in bullish momentum as previous downward corrections conclude. With these setbacks behind it, the index is primed for renewed optimism and potential record-breaking performance....
$GBP - What shall we do now? GBP - Since we hit below 1.14 - 1.10 it's really been a one way for this pair and it could continue...However, we have options! 1 Emergency rate hike 2 Intervention 3 IMF 4 Fiscal spending 5 Swap Lines Now these are the options technically speaking we filled gap around 1.09 this morning, I expected 1.06 on table during open...
Yesterday's close on the FTSE 100 was a really good indication that the 7,743 level will likely hold. The index first breached above this level eight days ago and then quickly retraced below it. After trading below this level for a few days, we're back up above this level. This signals buying pressure paused and has since resumed. Assuming this level holds on...
This is an update to our analysis 3 months ago (December 18 2023, see chart below) where we called for a Resistance bullish break-out and buy on the next 1D MA50 (blue trend-line) contact: Even though the pull-back dipped some more, the index still followed our projection on a rough scale. The long-term pattern remains a Channel Up but due to some relative...
UK100 H4 We pushed just shy of 1R on this setup after it was shared yesterday. Still holding this at around +10 points. Slow burner but when we crack, we will crack! Expecting this setup to make its move at some point this week, patience pays.
UK100 D1 Pushing the absolute peak of our resistance price here, trading at 7755 ish. A great reward and possible short opportunity. Don’t fix it unless it’s broken, an impulse swing entry here with stops as tight as 25 points. We have been following UK100 for some time now and this range has held for a while. Lets see what unfolds.
Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Upside Momentum, While Failure to Respect Signals Downside Pressure Ahead. We have 2 Demand Zones, and A Supply Zone. If The Price Breaks The Supply Zone, Take Entry While Retesting OR Pullback of The Move Otherwise If It Respects The Supply Area Then Look For The Short Entries! ...
UK100GBP - 24h expiry Short term bias is mildly bullish. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A lower correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to...
We all know the UK needs more houses, and that the ones already built are waaay unaffordable. The scramble to move house in 2021 corresponded with a big rally for building and construction stocks in 2021, admittedly alongside a lot of other parts of the UK stock market. That rally retraced by exactly 61.8% (Fibonacci) in 2022 and STOPPED FALLING. Since then its...
The UK100 has reached a critical resistance level and is showing signs of being overextended, particularly on the daily time frame. I foresee a potential retracement and am currently seeking a short opportunity against the prevailing trend. For a comprehensive analysis of this setup, please refer to my recent video post.
#UK100 Observations: - Monthly and weekly charts indicate weakening bullish momentum. - Significant resistance encountered at a key level suggests a potential reversal. - 61.8 Fibonacci retracement zone identified as a logical downside target. Trade Idea: - Short position on the #FTSE. - Place stop-loss above recent swing high. - Primary target: Previous swing...