Market shocks and drawdowns are designed to shake you out. Charts are pointing to continual asset inflation this decade. #DOWJONES to $64,000 was a general target I had in mind a few years ago. NOW we have confirmation this could indeed play out over the coming 5-7 years #FTSE100 to break 10,000 and indeed we have a target of over 12,000 #DAX to...
UK100 - 10h expiry- We look to Buy at 7201 (stop at 7139) Previous support located at 7250. Previous resistance located at 7300. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7300 will confirm the bullish momentum. Our profit targets will be 7349 and 7399 Resistance: 7300 / 7350 /...
Right now the FTSE is in a sideways consolidation range since early this year. On the larger side it's forming somewhat a Descending Triangle with lower highs and same lows. On the short side, it's formed a W Formation with short lived upside coming. This is a great range bounded setup and for those who are short term traders, there are buying opportunities...
i dont normally share my analysis with shorter time frame becuase it always choppy,just give it a try to sell position with gbpusd hopefully it will work.
UK100 - 10h expiry - We look to Buy at 6965 (stop at 6905) Previous support located at 7000. Previous resistance located at 7050. Further upside is expected although we prefer to set longs at our bespoke support levels at 6965, resulting in improved risk/reward. A move through 7050 will confirm the bullish momentum. Our profit targets will be 7115 and 7125...
Squeezed UK retail sales fell hard in September, higher cost of living hitting the pockets of consumers UK recent economic data highlights The drop in UK retail sales indicates that consumer spending slowed in September; actual -1.4% vs -0.3% forecast Highlights little signs UK household spending to pick up soon as higher prices push consumers to...
FTSE - 100 Symmetrical Triangle Price broken down and showing momentum picking up RSI is below 50 and is making lower highs - BEARISH BEARISH target 6,256
Every time the short term support line is broken the FTSE100 index has always reverted down to the red long term support trendline. Therefore, it is sensible to assume that this will be the case again. A buy target of 5000-5500 is reasonable, however if the index drops below 5000, all bets are off.
Trade Idea: Selling FTSE100 Reasoning: Intraday Bullish Flag on CADCHF Entry Level: 6853 Take Profit Level: 6700 Stop Loss: 6928 Risk/Reward: 2.04:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Excellent trade idea to buy BAE Systems on FTSE 100. Target 1 £911.00. RSI broken above resistance Moving Averages are all positive. Good to go
UK100 - Intraday - We look to Buy at 7000 (stop at 6940) Previous support located at 7050. Previous resistance located at 7100. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 7150 and 7170 Resistance: 7100 / 7150 / 7170 Support: 7050 / 7000 / 6950 Risk Disclaimer The...
Hi Everyone!✋🏽 UK100 closed below the lower boundary of the range that started to build up in April '21. It can easily fall to the next weekly breakout that is approx. the same distance as the size of the range. Every countertrend on the lower timeframe is an opportunity to go short until the start of the Daily impulse wave is taken back by the buyers on the...
#FTSE large top formation. Very important Support 6,850. 4 lower lows.
Comparision of "FTSE (UKX) in USD dollars" to "SPX". I am publishing the same for all (please see my other analysis): Germany, UK, Japan. I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe. Important: This doesn't mean that the...
LONG CASE FTSE has found its footing from the lows of yesterday and has started to build a 30min higher low structure, with the most recent higher low coming very quickly after the recent swing higher. Would need to see a clear break of the 7080 level and a backtest of support with a bullish close before taking a position. SHORT CASE Price action has been...
Trade Idea: Buying FTSE Reasoning: Holding major support on the daily timeframe, RSI oversold too. On hourly chart, RSI divergence and market opening strong today. Looking for a corrective move higher. Entry Level: 7060 Take Profit Level: 7185 Stop Loss: 7011 Risk/Reward: 2.55:1 Disclaimer – Signal Centre. Please be reminded – you alone are...
FTSE - Longer term view A break to either direction! Have a great week ahead, TJ
FTSE - 100 Symmetrical Triangle As the previous trend was UP, there is definitely a better chance at the price breaking up and out of the Symmetrical Triangle formation which will head to the first target 8,400. However, if the price breaks down, it will head to 6,256 Which way do you say it will go