#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...
Today's focus: UK100
Pattern – LH decline
Support – 7375 - 7250
Resistance – 7466 - 7710
Hi, and thanks for checking out today's update. Today, we are looking at the UK100 on the daily chart.
Today's video asks if the UK100 will continue to move lower after setting up a few beach technical signs. What do you think about the reasons presented in today's video...
UK100 is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 7551.55 which is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level.
Stop loss is at 7592.01 which is a level that sits above the 61.8% Fibonacci retracement level.
Take profit is at 7465.61 which is a pullback...
UK100 is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 7647.16 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 7700.00 which is a level that sits above a Fibonacci confluence i.e. the 61.8% retracement and the 100.0% projection levels.
Take...
Today's focus: UK100 Index
Pattern – Continuation Pattern
Support – 7629 - 7588
Resistance – 7720, 7916
Thanks for checking out today's update. Today, we have run over UK100, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The primary focus of today's look at the UK100 is the current...
In this video, we undertake an extensive examination of the US100. In recent time frames, the NASDAQ has experienced significant bullish sentiment, leading to a substantial surge toward a crucial resistance level. Throughout the video, we explore the potential for a trade opportunity involving the FTSE. This analysis is based on a thorough evaluation of price...
Hi there,
Looking at UK100 index which is approaching a MAJOR support level OB.
Uk100 has currently wicked some liquidity below the Lows of 1 june and forming some bullish hammer candles. But we want to see some big hammer candle or bullish engulfing candle to enter for longs as well as change of character on the trend.
4hr time frame = bearish
1hr time frame =...
In this video we focus on the FTSE UK100, however, the US100, US30, UK100, and DE30 are analysed to find a common theme between these four instruments. The stock markets have traded into key support levels and have been rangebound for some time. We are now seeing some bearish momentum evident in the charts. The trend, price action, price gaps, market structure,...
By analysing the stock markets at different timeframes, ranging from the three-monthly chart down to a four-hour chart, I have noticed that they have reached a significant resistance level on several higher timeframes. Furthermore, on the lower timeframe, the trend seems to display indications of weakening, and the charts seem to be range-bound. Could this signify...
In this update we review the recent price action in the #FTSE an identify the next high probability trading opportunities and price objectives to target
In this update we review the recent price action in the #FTSE and identify the next high probability trading opportunities and price objectives to target
In this video, the US100, US30, UK100, and DE30 are analysed to find a common thread between these four instruments. The stock markets have traded into key support levels and a reaction from these levels could be worth consideration. The trend, price action, price gaps, market structure, and a potential trade opportunity are covered. It is important to note that...
In this update we review the recent price action in the FTSE and identify the next high probability trading opportunities and price objectives to target
In this update we review the recent price action in the FTSE and identify the next high probability trading opportunities and price objectives to target
In this update we review the recent price action in the FTSE and. identify the next high probability trading opportunity and price objectives to target
