Pivot 7805.00 Our preference Short positions below 7805.00 with targets at 7540.00 & 7445.00 in extension. Alternative scenario Above 7805.00 look for further upside with 7930.00 & 8047.00 as targets. Comment The RSI has struck against a major resistance around 70% and is reversing down. Supports and resistances 8047.00 7930.00 7805.00 7662.67...
UK100 bearish idea, as price printing lower low and higher lows it's shows price will continue it's downtrend.
In the news, 2 American soldiers were killed in Ain al-Assad, this news will cause the growth of gold and the fall of stocks, we may have a large amount of money from stocks to gold somewhere. In my opinion, this chart sees up to 3% drop here
UK100 is at a daily 61% fib zone for the buyers combined with the MACD indicating a buy, leads me to my short term bullish mindset for UK100. CAPITALCOM:UK100
FTSE100 D1 Caught in the range between the alluring 7725 sell zone and the steadfast 7275 support price. This range encompasses a substantial 450-point span, bridging the chasm between resistance and support, offering enticing opportunities on both sides of the spectrum. Notably, FTSE100 has been graced with compelling wick rejections, particularly in recent...
FTSE100 Index Analysis on H1: 📉 EMA89 and Price Movement: The price is currently moving below the EMA89, indicating a bearish momentum. Price Pattern: The market is forming lower highs and lower lows, suggesting a downtrend. Sell Plan: The plan is to initiate a Sell position in the range of 7730 - 7745. Set the Stop Loss at 7770 to manage risk. The Target is...
CAPITALCOM:UK100 index has demonstrated a substantial ascent, exhibiting a remarkable 6.5% increase from its October lows to the conclusion of the calendar year. This surge followed the emergence of a bullish divergence, further fortifying the positive sentiment surrounding the index. Notably, the recent breach of the wedge pattern suggests a potential...
Buy opp on UK100. spread is wide and its okay, just a visual how i enter a buy
The FTSE 100 is in a range between 7200 and 8050. Currently we favor purchases at the bottom and sales at the top of this range. - You can buy the pullbacks to target 7900 then 8050. - A break of 7200 would be very negative in the medium/long term. - A break of the 8050 would open the way to the 8200.
Pivot 7730.00 Our preference Long positions above 7730.00 with targets at 7765.00 7787.00 7800.00 in extension. Alternative scenario Below 7730.00 look for further downside with 7714.00 & 7685.00 as targets. Comment A support base at 7730.00 has formed and has allowed for a temporary stabilisation. Supports and...
UK100 - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 7760 will confirm the bullish momentum. The measured move target...
RRB formed but with DWD, a weak uptrend confirmation. IAD formed then manipulation come. The IAD also act as DWD and manipulation act as IBD, the new manipulation marked as entry also confirmed by clean bearish engulfing.
The FTSE 100 surged in early trading on Wednesday as the latest inflation figures showed consumer prices had risen less than expected in the last 12 months. Headline CPI came in at 3.9% year-over-year in November, the lowest level in two years. Analysts had been expecting the figure to drop to 4.3% from 4.6%. Core inflation also dropped more than expected to 5.1%...
FTSE 100 UK100 trade idea for 20/12/2023 FTSE 100 is in upward channel on daily chart. It broke out of it 2 days ago but came down back inside the channel again. Tomorrow 20th Dec a major catalyst CPI data is released an hour before the market open. This surely will bring major volatility which gives the traders a good opportunity to grab some points if traded on...
Market for UK100 is interesting because there are two setup gonna bounce in london session and before US session
It's been almost 2 months since we last looked into FTSE 100 (UK100) but the index didn't fail to deliver as it hit our 7535 target (see chart below) and got rejected inside the 6-month Resistance Zone: Despite the inability so far to break above the 7690 - 7750 Resistance Zone, the index did succeed at making the first important bullish break-out above the...
On Monday I'm hoping that we stay above 7540. This seems to be quite a strong support area as well as resistance if it does drop below. If we stay above 7540 on market open I'm going to take a Long position with a starting SL at 7520 with TP1 7650 & TP2 7700. I like to trail my stop loss and will change this accordingly as it progresses towards the...
I'm waiting for pice to retest back into the 7385 level, once there I would begin to add on long positions. We've had a nice rally from the 7286 level, which created a new short term high and for me indicating a market shift. I would look for price to reach towards the highs of 7708 since taking out the lows below the 7300 level. Good luck traders, let me know...