Its now or never.. Look forward.. Avoid the void of the Abys!
Drawn the technical's of what technically is a Cypher Harmonic. Will it happen? Possibly. At this moment of time its less probable, closer to time the more probable . Fun though. Nice to have a plan.
FTSE100 has taken a further dive down towards historical price support. Formed a steep bullish divergence on the 4hour. Would expect some relief here.
Regardless of all other prices.... See if this pattern without noise plays out. Experimental. Dont forget, there's a BTC ETH pair. This price move is totally at the moment based of the FTSE.
Nice trend reversal surpassing a daily resistance (1st blue line from bottom) into daily resistance (2nd blue line above price). Interesting to see if we can hold.
FTSE100 is not a growth index but value based. We debate inflation but entered in recession talk, for FTSE100 consumer stands strong is very important but UK Govt inject money again but it is not a solution. Index got a big part over 17% OIL shares but Oil can slip at some point.
100 selected UK big companies that are components of the FTSE 100 index, only 9 stocks record gains, while 91 stocks losses and 1 stock traded unchanged. Bearish trend may end this week. I see a bullish potential, the price is in the weekly strong support area. With a tail tolerance of 4.3% below the support area. Price is possible to be bullish in the future.
Trade Idea: Buying FTSE 100 Reasoning: At daily support, looking for a correction higher Entry Level: 7233 Take Profit Level: 7431 Stop Loss: 7152 Risk/Reward: 2.44:1 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...
I believe a fulfilled Gartley on the FTSE. Possible trend continuation. Interesting, S&P which (that) I drew (drawed) .. Seems to be following. Lets see, S& P to follow.
UK100 Intraday - We look to Buy at 7500 (stop at 7445) Previous support located at 7550. Previous resistance located at 7620. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 7620 and 7650 Resistance: 7620 / 7650 / 7700 Support: 7550 / 7500 / 7450 Please be advised that the...
OANDA:UK100GBP have no power to breakout above the highest resistance area Aug 2019 - Jan 2020. Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area . However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat indicator value tends to bearish. Bearish...
The FTSE100 index is approaching its 2022, a rare feat among the leading global stock indices, the majority of which are making Lower Lows. This strength is technically derived by the bullish dynamics of the Fibonacci Channel Up it has been trading in since 2021, which only broke during March's correction. The price action since April 10 is similar to the...
REASONS TO BE BULLISH Technical - Recently broke out of a 15 year pennant pattern and just retested for support. Technical - Recently crossed and reclaimed the 50 MA. Technical - MA 50 looking like it may cross the 100 and 200 in future months. Technical - RSI is in the bull zone (bouncing off its base). Technical - A 155p entry was triggered when...
REASONS TO BE BULLISH Technical - Recently broke all-time high from 2007 - 15 yes FIFTEEN years ago! Technical - Crossed the 50 MA some weeks back and just reclaimed the top of the purple channel. Holding there at support. A great time to reload. Technical - 50, 100 and 200 MAs all the right way around now, after crossing back in October 2020. ...
Bullish potential on the OANDA:UK100GBP Daily Timeframe , The price have no power to breakout below the support area Aug 2019 - Jan 2020. Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area . However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat...
Hi Everyone. We have been watching the recent market sink and for nasdaq this is not over yet. Im sure we will see further move down. Right now the market is in consolidation and we need a break of 12143 for the bears to continue. If we get a break of 12143 then nothing can stop it from reaching 11000 area. I feel like we will reach 11000 this month. For short...
The UKX, FTSE 100 Index, is also in the red. This is the main index for the top 100 companies by capitalization in the UK. We see prices going below EMA50 after a lower high. (Feb. vs Apr.) Going below EMA50 is always bad news. Since we have a lower high after the EMA300/100 bounce, this can lead to a lower low. The next target on this drop should be around...
UK100 loss all of its gains after the announcement of negative non farm productivity. UK100 took rejection form 7617. My target is support of 7461. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics