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...
UK100 - Intraday - Previous support located at 7600. Previous resistance located at 7650. Price action has continued to trend strongly lower and has stalled at the previous support near 7500. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 7650 will confirm the bullish momentum. We look...
Hi there. Price is moving impulsively to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Friday was the most bearish day for the FTSE since September, as concerns over SVB (Silicon Valley Bank) and the potential for contagion across the finance sector weighed on sentiment. Yet a joint statement from the Fed, Treasury and FDIC (Federal Deposit Insurance Corp) released on Sunday assured that deposits at the bank will be guaranteed, which helped boost...
FTSE 100 Index trending higher on the weekly chart; current price is above its 10 week moving average (bullish); both the 4 and 13 week rate of change indicators above zero (bullish); upside prospects for the short to medium term (5-49 days) spotted at 8,023 and 8,203, while downside price risk below 7,742 implies the end of the prevailing up-trend. Not...
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
Previous support located at 7950. Previous resistance located at 8000. The correction lower is assessed as being complete. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 8006 and 8024 UK100 - Intraday - We look to Buy at 7926 (stop at 7894) Resistance: 800 / 8050 / 8100 Support: 7950 /...
Taken a few months but the UK short Target has been reached. Expecting things to plateaux from here. Best, HF
It looks like the FTSE has found a top. I'm expecting the price to 'Re-balance' the Daily Imbalance of last week before continuing trending lower. I have set an alarm if to this BLUE AREA (Daily Imbalance).
The FTSE snapped a 4-day losing streak yesterday, after the pullback from its record high found support along the bullish trendline. A bullish engulfing candle also closed above the 10 and 20-day EMA’s, after the RSI (2) went into oversold territory the day prior. So it appears a swing low has formed and we’re looking for a move back above 8,000 whilst prices...
Hello, Friends! I was watching UK100 for a while Waiting for this moment And now the price action On the lower timeframes Has given me what I was expecting to see Making me bearish on UK100 mid-term! SELL! ✅LIKE AND COMMENT MY IDEAS✅
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
UK 100 overbought at 1W and 1D. There's also a divergence playing out at last movement, the uptrend is fragile and about to break downwards. TP @7321, SL @8010
The UK inflation rate has dropped to a 5-month low of 10.1%. This tells us that the peak inflation may be behind us. The decrease in transport costs, as well as restaurants and hotels, were the main drivers of the lower inflation rate. However, if we compare it to other developed nations like the US, France, and Germany - the UK's inflation rate is still quite...
Here is my EW count with a double extension for the 5th wave. Therefore, I'm expecting a SHARP correction pretty soon.