UK100 a dividend house and boosted by Oil Stocks but now hedge funds turned from buying to short on oil stocks and they doing in mid winter season. We knows UK economy doing worst in decades and it's hard to hold this index up.
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
Traders and Investors, US Indices have had a good rally. Dow Jones has been the leading one which printed the one of the biggest 3M bullish engulfing candles ever. SnP500 is also creating 3M bullish engulfing bit has been lagging behind the US30. NASDAQ (NAS100) is the lagging behind at the last spot. Russell 2000 has been also printing a bullish engulfing candle...
All those who love to trade UK100 need to see the range bound activity of index between 6700 to 7700. For a very long period of time it has been moving with in 1000 points range and this could be the signal of any big move in coming period if it moves in any direction with big volumes . But until unless it doesn't clear out this area best strategy to trade is buy...
Quite a lot of information. Reverse head and shoulders, descending triangle (symmetrical price ranges on break up/down) , Gartley and Fibs
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...
Traders and Investors, FTSE is one of the best resilient indices which had one of the lowest impacts in last few months as compared to bearish US indies. Now last couple of weeks it has been making its move upwards which can set its trajectory to retest the previous high one more time. This can happen if the trend line and that FIB level is cleared. This is...
dax can go down further at 1 hour time frame and also main trend is sell let see if is work have a safe and profitiable trade any question comment down below
The UK100 has been range bound since BREXIT, with some price action discipline a great long term profitable trade we've enjoyed for over a year. The orderflow has been perfect when matched with price action queue's when to enter the trade and exit the trade. But recent uncertainty in the UK economy (thanks to excessive borrowing and reduced taxation promises) and...
Oil on correction mode and I don’t recommend to take any sell,because main trend is bullish so wait for bullish rally active then take a trade. Have a safe and profitiable trade Any question please comment below.
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...
Overall Uptrend on 1 Day Symmetrical Triangle on 4hr and 1hr Enter on breakout
Daily UK100 chart, A triangle breakout the support line and towards to 6,781.27
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
Audjpy still on correction wave and bigger wave and picture show us it does bigger correction then finally will see bullish move finger cross Good luck and have safe and profitiable trade