Get started

UK

Will FTSE 100 finally breakout??!?!With a start of a new quarter..keep an eye on the FTSE 100. Price has been consolidating since the start of the year, trading inside value for '21. After selling off early in the year, price is back retesting 6800 yet again. A break above would be a very bullish signal, with continuation towards yearly highs a good possibility. We are currently opening near last months VAH & POC, so should show its hand soon. Watch and see how it plays out.
FX:UK100Long
by Captain_Maj
FTSE: LONG OR SHORT ?Following the world economic recovery, FTSE is now in a bullish cycle and here's our view for the upcoming days: 1.LONG : If the price retests the lower trendline and forms back a green bullish candle on the H4 timeframe, a Long position can entered there. And when the price reaches the green doted line, an additional Long position can be entered with more confidence since the price will be breaking a peak that was reached before. 2.SHORT : If the price breaks successfully the lower trendline with many bearish candles, then and only then a Short position can be entered.
CAPITALCOM:UK100
by Therealsmaira
Begbies Traynor LSE - Classic Cup and Handle on daily chart Hi everyone, Just giving a quick analysis on one of the AIM-listed stocks on the LSE (London/UK). As you can see, there is a clear cup and handle forming on the daily chart, and it is an incredibly clean example in reference to what you would technically find in a text book. The resistance is at 115p, and this week it has seen a breach above next to the 120p level. The company itself is also fairly good on the fundamental side - its latest fundraising (secondary offering to help finance another acquisition) was recently oversubscribed and the placing price was above market price, which the share price higher from 105p to 115p. As it is seemingly breaking resistance now, the question is about whether there will be a retest of the 115p level, or whether it will continue above 120p and onwards. Canaccord currently has a 170p price target on the stock, as issued earlier in March. The cup and handle may signify a strong climb as the UK eases lockdown. Another buying opportunity would be in the case where the price will fall to the lower red upwards trendline, which seems to be a good support for the price. Disclaimer: I hold BEG at 105p average. Please do not take as professional financial advice. Always do your DD. Thanks!
LSE:BEGLong
by michaeldobfx
FTSE100 - Fresh highs incomingThe FTSE is currently sat at strong support. Sellers tried to push price lower, but the index was bought back up to form a pinbar (red arrow). Lower BB also sits at this point (see %B in bottom window). Considering the lacklustre fall from the rising wedge and the subsequent pin bar, we can expect 6800 to break (see how long price spent lingering around the level). The next resistance is ~6838, so a break and restest of the 6800 is likely and will be the perfect high probability entry. An aggressive entry would be at open on Monday (I personally will probably take this based on the pinbar with a stop below the low). Target is the psychological level of 7000, which acted as a strong support throughout 2019. High prob: Entry = 6805 when retesting the level Stop = 6735 TP = 6800 R:R = 3 Aggressive: Entry = 6720 Stop = 6642 TP = 6800 R:R = 4 Happy trading:) follow for more of this kind of stuff!
OANDA:UK100GBPLong
by pasojov
Airtel Africa Resistance Broken - All Time High In SightAirtel Africa has been in an uptrend since May 20 and has been forming bull flags with a following period of consolidation. This has happened twice in the current uptrend with each upward thrust followed by consolidation which forms an ascending triangle pattern. Price has just broken out of the 83p resistance and has since moved higher. Look for a retest of the 83p and enter a position here, however there is a risk that this price won't be seen before the next rally (see previous bull flag patterns). Fundamentals on this company are also fantastic and they are currently yielding 5.3%, therefore offer a good long term investment. Disclaimer: I speculated the breakout and bought in at 75p.
LSE:AAFLong
by Doddle
FTSE - Sell Signal 📉Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. This isn't one of our main timeframes, but I'll be doing more testing on the H2 chart over the weekend. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM . The stats for this pair are shown below too. Thank you. Darren
UShort
by pow_removetheguesswork
UK Technical Analysis 🧙Ucommune International Ltd is an agile office space provider and manager. The company provides specialized, integrated service for managing agile office spaces and solutions in China. It provides open station spaces, private office spaces, and hourly desks. The company generates revenue from providing various agile office space solutions to its members from whom it collects monthly rent in the form of membership service fees or office workstation rental fees. If you want more trading ideas like this one,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NASDAQ:UKLong
by trading_as_bus
1
GBP/USD - Holding Above 1.40?The pound has been on an incredible run against the dollar, smashing through 1.40 over the last week and gathering momentum to extend its gains. When you look at where price is compared to the moving averages, there is an argument that the move is now quite overextended and perhaps poised for consolidation or a correction. But the MACD and stochastic just don't back this up yet. We have seen some consolidation over the last 48 hours, but the price is still very stretched regardless. Should we see a move back towards 1.40 then this would bring it back towards the moving averages on the 4-hour chart and could generate some interest once more. We've just seen a lower high so a small pullback wouldn't be an enormous surprise and on the daily chart, it would only represent a very modest correction. It would also roughly coincide with the 61.8% retracement of the move from 17 Feb lows to 23 Feb highs. The vaccine rollout in the UK has been the primary driver behind the pound's outperformance, with traders seemingly banking on a super-charged recovery this summer as a result of the lockdown being lifted. Life should be back to normal by 21 June under the current roadmap.
by OANDA
3