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...
The FTSE100 index (FTSE100) has resumed its bullish trend since the October 13 bottom after hitting both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) on December 20. In fact, against all odds during this inflation crisis and in contrast to its heavy stock index counterparts, it is about to close the year in gains (if it stays above the 7420 level...
UK100 Can Fall (FTSE100) Harmonic pattern Supply zone Previous ChoCh and BOS
Uncertainty of trade relations with the EU dealt a big blow to investment and business, which in the third quarter was 8% below pre-pandemic levels. Although, the trade deal between the UK and the EU has been ongoing for two years. The UK's decision to leave the European Union, known as Brexit, has had a major impact on the UK economy. Brexit has been a drag on...
Truedge traders believe that price action is the best approach to trading because it allows them to interpret market movements and make decisions based on the raw price data. Indicators can add unnecessary complexity to the trading and may even produce misleading signals. OANDA:UK100GBP
UK100 - Intraday - We look to Buy at 7460 (stop at 7412) Previous support located at 7450. Previous resistance located at 7550. Further upside is expected although we prefer to set longs at our bespoke support levels at 7450, resulting in improved risk/reward. A move through 7550 will confirm the bullish momentum. Our profit targets will be 7570 and 7600...
UK100 - Intraday - We look to Sell at 7425 (stop at 7500) Previous support located at 7300. Previous resistance located at 7400. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 7425, resulting in improved risk/reward. A move through 7300 will confirm the bearish momentum. Our profit targets will be 7250 and...
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...
An interesting setup may have formed on the FTSE 100 daily chart. It has seen a strong rally from its October low and since produced a relatively shallow pullback from the 7600 resistance zone. The RSI (2) was oversold on Thursday and curled higher on Friday, which closed the day with a Spinning Top Doji candle to suggest a swing ow has formed. Furthermore, the...
Taking a look at the UK100 FTSE at the moment. In the video we look at key support and resistance levels, the trend, and discuss a possible trade opportunity. As always everything, explained in the video, and not to be construed as financial advice.
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...
A downward step and correction that can be accompanied by a downward trend SELL STOP FOR UK 100 EXPIRE : END OF 5 DEC 2022
The index has retested the upper trend line of the falling flag, after the breakout. I anticipate that the index will continue with the bullish momentum since the client sentiment indicate that there are more than 70% of the traders are bearish, a major indication that the price might move reversal of that. My entry point is 7570, my targets are 7650, 7700, and...
I love this chart, so different but yet so technical. Parallel channels, crossroads. Trend Based Fib extension used from low to high to low. Retracement to fib 0.618 if losing 0.382. Continuation on the green spider web channel up with resistance at red 0.382 (middle of the channel). Should the trend continue, will be looking at fib above at 0.618. I like it.
Reverse Cup and Handle has formed on the FTSE100 7 >21 >200 - Bullish Target 7,890 Also we have the medium term downtrend broken up for the first time and so bullish momentum is kicking in.
Hello guys. According to the higher timeframe of this index (1D), the trend is forming a falling flag, which might be a strong indicator of a bullish momentum. According to the lower timeframe(1H), there is a formation of a falling flag, which has been completed and the index has broken out of the trend forming a bear trap. I anticipate that the price might...
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...