UK100 is Ready For SHORT Positionuk100 /USDT is Going to get a good setup for SHORT POSITION
you can get this position with 0.2 LOT
Good Luck & dont forget to set SL & TP
About UK 100 Index
The UK Financial Times Stock Exchange 100 is an index of share prices of the largest 100 companies listed on the London Stock Exchange (LSE) by market capitalisation. The index was launched on January 3, 1984 at a base value of 1000, and the index level is calculated in real-time.
A short is about take place, bears are kicking in. @ price 7959.7 it is where I'm targeting to place a short, coz we are going to have a third touch at that highs trendlins & point 7959.7 when changing the candle sticks to ( Bars). You'll see that's where we have more opens buys at the very same zone.
UK100: Trend in 4H time framePlease pay special attention to the very accurate trend, and colored levels, red level as SL.
Be careful
BEST
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UK Stock Market Post Inflation Data, Where Next?UK Inflation readings just came in and the UK govt is raving about it. Well needed gratification is in order due to the current dire political situation (we won't talk politics)..
Their promise was to halve inflation and their positive sentiment/rhetoric along with US news yesterday is creating bul
FTSE Forms Bullish Hammer at 50% FibHaving broken through long-term resistance and come within touching distance of the February 2023 highs, the FTSE took a pause for breath last week pulling back from recent highs.
Pullbacks provide excellent opportunities for traders to position themselves within established trends at attractive l
FTSE 100 Targets reminder. As it starts it's big moveAs described before
one of the worst index's to have been exposed to for decades
WHILST during rampant #UK inflation
The FTSE did nothing to help you out.
Yet here we are about to see it get sent to 5 figures.
FTSE(UK100As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).
Although UK-100 Index Is Near All-time HighsAlthough UK-100 Index Is Near All-time Highs, UK Economy Slips into Recession
Technically, a national economic recession is defined as two consecutive quarters of contraction, and yesterday's Office for National Statistics data confirmed that this has happened — UK GDP fell in the third and fourth
FTSE100 And Price Action/ProbabilityThis chart is a clear display of how markets work in simple terms.
The fact is, your job is to look for repetition. Repetition directly correlates to probability, as it is your bread and butter for understanding what is next,
That is also, simply, the point of price action.
So when something hap
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Frequently Asked Questions
UK 100 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy UK 100 Index futures or funds or invest in its components.
The lowest ever quote of UK 100 Index is 1717.70 GBP. It was reached on Sep 9, 1988.
UK 100 Index reached its highest quote on Feb 16, 2023 — 8047.06 GBP.