Trade idea Impulse move now corrected to the initial demand zone IF unchanged / positive Economic data Look for potential Longs 19TH OF Feb (Multiple FTSE companies Earnings report ) A day to watch IF trade ongoing.
This has retraced as expected to previous resistance and 0.5 Fibonacci. I will be waiting to see how this develops before entering a long as this could drop further, watch for the EMA's to cross back over or come very close to. If the price does hold this level then a target TP can be 7031.
After a bit of a tumble in late October of last year (or a huge dive, depending on who you ask), we remain in impulse on the index. We are about to go into Wave 5 of this impulse and looking to meet a goal in the first half of 7k. Fib time gives some indication when this might happen roughly, although it is impossible to accurately time the market. Good luck, traders!
FTSE100 has activated a second impulse structure with price target at 7196 that is +9% from current level.
FTSE100 is consolidating just under important resistance that lies around 6500. I believe this resistance will be broken to the upside and UK index could see a new all-time high. A buy around 6400 would be ideal for this anticipated break and, with a 100 points SL could easily reach 1:3 R:R
Be very careful taking this trade. I recommend scalping and being especially careful of Boris (I'm pretty sure he is long term shorting the FTSE 😂).
Following inline with DAX30, we see some willingness in this asset to trade higher, wanna see price breakout out of the compressed wedge to enable us take more buy positions
I have drew an easy to understand technical chart of the FTSE 100, highlighting the major support and resistance areas from March to July, using a daily chart (each bar is 1 day of trading on the FTSE100). We can see that the 5,000 area acted as major support level in March, on 4 days wicks broke the 5k level but closed above (that tell us this is a huge support...
Hey tradomaniacs, welcome to another free signal! Instructions: Wait for the break above the entry and wait for a retest/rejection before you buy! ----------------------------- Type: Daytrade Buy here: 7147,4 Stop-Loss: 7094,8 Target 1: 7200 Target 2: 7227 Target 3: 7269 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...
After Jan 19 the priceline of FTSE100 GBP is hitting the support of up channel. The price action has also support of 100MA and 200MA. There is also a golden cross formation expected beneath the candle sticks which will produce a massive bullish divergence insha Allah. I have used Fibonacci sequence for sell targets as below: Sell between: 650.3 to...
Hey tradomaniacs, welcome to another free signal! Important: Bank of England Interest Rate Decision today! Volatility likely! Close your positions or get rid of your risk until then unless you accept the risk to get stopped out! ----------------------------- Type: Daytrade Buy-Stop: 7578,3 Stop-Loss: 7537,9 Target 1: 7623,1 Target 2:...
Hey tradomaniacs, welcome to another free signal! Important: Wait for the rejection at the Trend-FAN and the Breakout above the resistance! ----------------------------- Type: Day-Swingtrade Buy-Limit: 7544 Stop-Loss: 7510 Target 1: 7591,5 Target 2: 7609 Target 3: 7641,2 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...
Hey tradomaniacs, welcome to another free signal! ----------------------------- Type: Day-Swingtrade Buy-Limit or Stop: 7434,9 Stop-Loss: 7411,4 Target 1: 7462 Target 2: 7472,6 Target 3: 7502,1 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to...
Short term Elliott Wave view in FTSE calls the move lower to 7150.9 on May 13 as wave A. This suggests that the move lower from April 23 is unfolding as a zigzag Elliott Wave structure. Wave B bounce is currently in progress to correct cycle from April 23 high before the Index turns lower. Internal of wave B is unfolding as another zigzag Elliott Wave structure in...
This weeks recovery rally is spluttering, and sentiment remains bearish, FTSE 100 is being held down by the downtrend line and Bulls are getting tired, next buy level is 2775, watch and wait, I would guess that we will hit this level by the end of the week or Monday, I think this will be the low and we will see stocks pick up over the next few months in line with...
Hello Traders, In this short-term analysis, we will have a look at the FTSE100. FTSE cycle from 3/28 low is proposed to be completed at 7904 high in black wave ((1)), below from there the index is correcting that cycle & expected to find buyers in 7-11 swings provided the pivot at 6867 low in our proprietary distribution system stays intact. Short-term it has...