See chart for top-down analysis on price turning from inside out with confirmation. Trending into sideways into downtrend and looking to join the trend to the downside with SL above all structure supply.
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...
UK100 - 24h expiry -
Previous support located at 7740.
Previous resistance located at 7800.
We are trading close to the end of an ascending Ending Wedge Formation.
We expect a reversal in this move.
A move through 7740 will confirm the bearish momentum.
We look to Sell a break of 7740 (stop at 7820)
Our profit targets will be 7560 and 7550
Resistance:...
FTSE 100 has reached a major resistance after the breakdown that we called around a month ago. We are looking for a reaction at this level to possibly go short and we will updated if we take that position.
Out of all the indexes the FTSE one has the cleanest looking 5-3-5 pattern. Perfect ABC to the vwap from top. A pivot here should start another long 5-wave down. 5th wave extension will cover the most ground on capitulation.
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
price has been ranging between bottom resistance @6780.2 and top resistance @7917.9 on a daily timeframe. 0n the 1hour timeframe there is a small resistance at 7636.6 which price retested in an ascending channel. On the 15min there is a flag which I'm using as entry with stoploss at 7661.7 and take profit at 7465.2
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
FTSE100/ UK100 is forming a Bottom on a 1 year Support Zone. The RSI is also bottoming out.
Target 7820 (+8.70% rise0>
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Not a BATS out of hell just yet but a breakout all the same. Broken away from 2756 and a good dividend, but now has to clear 3000 last established in Jan 2020.
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
Hello we are part of a new community called lucky trading club in tradingview so let's begin our second analysis.
UK100, ftse100 will crash, we have a eqh on 7700 with a lot of liquidity it was already taken last friday on 7900, also we have 5 waves of elliot and harmonic pattern in the range of 7700-7900
We still in uk100 ATH when all institution begin to sell...
After ATH for the FTSE100, the development of bearish divergence within a rising wedge has occurred.
This bearish pattern has broken down now and I AM SHORT at the current levels.
I am looking for the price to come down to 7700 where I will take some profits. Followed by 7600, 7400, and finally 7000
I don't have a stop loss in place as I think it could put in...
