UK100 - Intraday 9pm UK time - We look to Buy at 6850 (stop at 6790) Previous support located at 6900. Previous resistance located at 6950. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. Bullish engulfing has been posted recently. Our profit targets will be 7000 and 7050 Resistance: 6950 / 7000 /...
Watching FTSE 100 as it approaches the yearly low @ 6760. The market has been slightly more resilient than its counter parts due to the decentralised nature of the companies that make up the index, however breaking the low would be a significant moment and could spell further downside. There are levels to watch below this but we need to reference the Covid drop...
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.
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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 ,...
Cup and Handle on BP Plc Breakout confirmed. Target £563.00 Also the RSI has broken out of the down momentum and picking up. Only concern is the left part of the cup is not touching the brim entirely. Still going long.
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
This market is witnessing an unusual movement and the possibility of a rise is very high My advice is to buy
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...
This market is witnessing an unusual movement and the possibility of a decline is very high My advice is to sell
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...
Trade Plan A 1- A strong support area if the price gets rejection then go for long Trade Plan B 1- If the price breaks the above support then go for short at the new HH
What is the UK100? The UK100 index is a capitalisation-weighted share index that comprises 100 companies listed on the London Stock Exchange with the largest full market value. Founded in 1984, the UK100 index has since superseded the FT30 index as the foremost benchmark of UK equity.
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...
Trend Bearish Uk 100 Short TF 15M Forming Bear Flag Entry:7022 SL: 7080 TP: 6950