FX:UK100, OANDA:UK100GBP, TVC:UKX
Following on from our video analysis on FTSE yesterday signalcentre.com, we are buying a dip this morning at 7220.
For further information on the call, see the related idea below or click on the link above.
Spotted a flag formation on the D TF.
Not 100% convinced on how price action will move within the flag itself but lets see how this plays out.
Not published any analysis in over 6 months, so this may be a little rusty.
Sell | Target 14 | StopL 19.6 | Having broken below the Jun-Aug bear flag/range pattern, any pullback to it's underside is likely to attract further selling. Like and follow us to stay ahead of the pack!
Looking for a short risk entry at at the top of the bear flag to the downside.
We can see heavy impulsive movement to the downside that is then followed by corrective price action forming a bear flag continuation.
30-45 pip stop with about 10 to 12% reward if it meets the profit target at the beginning of the channel.
GBPUSD flag pattern continuation found on 1hr TF which is slightly clear now on the 4hr TF. looking for one last push down to respect this continuation pattern but also in extension to reach this lower trendline found on the daily/ 4hr TF.
FX:UK100, OANDA:UK100GBP, TVC:UKX
Prices are extending higher from the bullish flag/pennant formation.
Positive overnight flows lead to an expectation of a firm open this morning.
Bespoke support is located at 7460.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
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The shares have completed a...
overall move for eurusd is bearish with blue trendline respecting price on the weekly.
on the daily I see price reaching D resistance zone (green), diving deeper into the 1hr, I see price created this upward channel with price now reaching d resistance zone.
on the 15min, price created a bearish flag pattern, waiting for price to break out and continue moving...
Price created a head and shoulders pattern on the weekly. going into the 4hr, I notice market is still is an uptrend due to higher lows and higher highs.
Price at the moment connects with both blue trendlines with one of them acting as a bullish flag. Waiting for price to react off that according to previous...
uk oil has been in downtrend for a very long time now with price making a bearish flag on the daily chart.
Waiting for price to complete the bearish flag with one more move up, I say this because price made a double bottom and retested previous support so I am hoping price does the same before melting down at the top of the flag...
Weekly - Expanding wedge, bullish outside week posted.
Daily - Invalidated the head and shoulders setup that threatened to send the market lower.
4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also.
Outlook is bullish - We will be looking to buy dips...
EURCHF is bouncing from the lower end of a large range.
Price action has remained above the large support band between 1.1106 to 1.1200 on the weekly chart. The bullish hammer candle that was posted on the week ending 7th June 2019 suggests that buyers could return in the short term.
The daily chart displays a...
As you can see, we have a series of bearish flags.
I am looking for price to double top off 2k18's previous high at the 1.36500 level before declining.
I'd wait for nice daily priceaction off the highlighted level for a risky entry
for a safer entry id wait for a break of structure
it would also create MACD divergence
Signifying sellers coming into the market.