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Ftse100

FTSE100 - UKX - Potential short! FTSE100 (UKX) - Technical View: Simple explanation today - Pattern wise: Came out of a larger triangle formation towards downside support areas. At this current moment of time - It is within the range of: Support: 6785 Resistance: 6830 Once broken out of the range below support levels which matches the 200 EMA as a great support area measuring the wedge range formed. If we break towards downside, I expect it to continue towards Fib Retracement area of: 1.618 which matches a nice support area as well as nice trend-line support too! The way you could play this trade: WAIT for it to break out of the smaller formation of the wedge formed and take the pull back trade to the next support areas or simply feeling more confident add a limit order! Remember: Follow your own trade plan and execute wisely. Have a prosperous day ahead, Trade Journal (Just a trade idea, not a recommendation)
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by Trade_Journal
FTSE and all Stocks - Don't BUY!!!! - They will plummetHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few months to the 61.8 Fib retrace. Don't be fooled by this Bullish move that occurred this week, the price is right in the middle of the 61.8% and 78.6% zone, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go down to 3500 area. Price is about to touch dynamic resistance shown by the blue diagonal line which shows the long term uptrend broken at the start of the year, price is now pulling back up to this zone to then head down again. I had shorted the market as per my related ideas below, and i now have new entrys that you can see in the picture. (if you zoom in) I do expect a bit of sideways movement, also some stop hunting, however my analysis for me suggests all stocks are going to plummet very soon. and this is my view for the next few years. Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
I am still bullish FTSE! It's a pair I've trading within the indices that I have had great return this yr - great momentum trend towards it and with Brexit drama going on too, it has has great volatility. Fun fact: When the first lock down occurred earlier this year in UK...A family relative was intrigued about me being a young trader - I had advised a distant family member to watch out for the FTSE it's a great buy at the areas of 5850! Let's hope they did listen to advice and if not - there's always chances in this beautiful market we've had this year! Let's hope to make plenty of pips for the end of this year and start the next year with great optimism within ourselves! Let's get onto the technicals: Pattern - Bullish Flag target area: 1.618 Resistance: 6860 & 7035 Support: 6140 & 6040 My target - 6800-7100 Areas! One of the major investment banks did even announced UK assets are undervalued within options check out Rolls Royce has been a great trade to take as well! Fundamentals to keep in mind: Brexit and what the indices has a large portion of companies energy based. Although, my target for Crude is 55 area. All the best, Trade Journal Remember: Just a trade idea, not a recommendation
TVC:UKX
by Trade_Journal
5
FTSE100 - Full Breakdown + Future Trade OpportunityFirst time breaking down this market, I want to further illustrate what we are seeing in global markets. I will link related ideas below. In this video I explain this pattern in official AriasWave terms so you can see how we differ from other forms of analysis. The move up since the Great Depression is a TYPE-2 ZIG-ZAG and we are seeing Wave v of an ending diagonal since 2009 unfold. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:UK100
by AriasWave
UK100 D1: BEST Level to SHORT IT +15%/+30% gains(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -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 -24/7 uptime so constant updates UK100 D1: BEST Level to SHORT IT +15%/+30% gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect massive reversal from overhead soon. 🔸 Summary and potential trade setup ::: UK100 1day/candle chart review ::: market disconnected from reality ::: huge surge in COVID cases ::: massive lockdowns ::: economy melting down fast ::: BREXIT talks failing big time ::: bearish fractal in progress now ::: speculative XABCD setup ::: point C 6920 points ::: short-term bullish /more gains ::: HOWEVER heavy resistance overhead ::: 6900/6940 points heavy/final resistance ::: get ready to SHORT from overhead ::: BEARS will take over soon ::: lower risk setup is SHORT ::: get ready to SHORT HIGH later ::: once we hit resistance at 6900/6940 ::: TP BEARS TP1 +15% gains TP2 +30% gains ::: SHORT/HOLD setup with great risk:reward ::: BEARS TP FINAL is 4700 points ::: recommend to SHORT/HOLD ::: recommended strategy: SHORT/HOLD ::: 6900/6940 reversal level to SHORT IT ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 4700 fresh demand zone ::: 6900/6940 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS ::: Sentiment outlook mid-term: BEARS
UShort
by ProjectSyndicate
5
ALL STOCKS ARE ABOUT TO CRASHHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few weeks to the 61.8 Fib retrace. Don't be fooled by this Bullish move, once it reaches 6600 area, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go to 3500 area. You can see where i will be looking to short the market in the picture. I do expect a bit of sideways movement, also some stop hunting, however my analysis for me suggests all stocks are going to plummet very soon. Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
3
07/12/2020 #FTSE $FTSE StrongTrend(Daily/Weekly/Monthly): Up/Up/Up Depsite the selling in US futures, #FTSE remain resilient. But as the heading says, price is overextended. A pullback before further up is healthy. I will be looking at 6495-6507 and 6583-93 these 2 zones today. Possible scenarios: 1) Price opens in RTH, rally to 6583-93 and fail, goes down to 6495-507. Watch for reaction. 2) Price opens in RTH, dips to 6537, get supported and rally. 6583-93 can still fail but probably less likely. Support and resistance levels are indicated on the charts. Watch reaction around the levels and trade accordingly
OANDA:UK100GBP
by FadeMeIfYouCan
1