UK100 CFD
FTSE 100 Looking For Long After RetraceThis is making a retrace after spiking 3 days ago. I am looking for an entry around 0.5 Fibonacci as this aligns with some previous resistance although it is best to wait for confirmation as it could drop further. Once we see a rebound target will be at a new high and where it will meet resistance of 7004.
FTSE Long bull case and swing trade + breakout in April?After the bear channel was broken, FTSE arose and the up trend on daily chart. I believe FTSE will be testing support in the upcoming week and is bound for breakout in April.
FTSE Enter Long on RetraceFTSE 100 has had a big push higher, want to see a retrace before entering a long. Once it peaks on the current spike look for retrace to around 0.382 Fibonacci for entry. I have set target at a new high of 7004.4 although there will likely be some resistance at the previous high so can also take profit there and re-enter on the retrace from there.
GBPUSD Buy BiasHigher lows created & massive uptrend. Want a price to fill this gap and raid these daily highs, capture as much liquidity as possible then enter around the pullback to these equal highs.
£ showed strength towards the end of last week. Fundamentally intact with over 12 million people getting their first covid dose, UK on road to recovery? Let's hope so!
Aston Martin Retrace Made, Time To LongThis has been playing out perfectly to my expectation in my previous ideas. Now it has retraced to find support this should rise to break the previous high. May drop a touch more but an entry here will be good. Mood on this is still very bullish as can be seen on MACD across timeframes. Target is 2849, then a retrace should be expected from there.
UK100 (UKX ) Global view WAnother 40% crash is about to happen soon. This will be the last phase of big-big consolidation from 2000 (grey zone)
Aston Martin Pushing HigherThis has broken resistance and is now pushing higher. I have done very well out of this stock for the past few months and it has enormous potential to grow. If you need an entry to this wait for it to retrace back to the previous resistance level marked with the blue rectangle, this should act as the new support. For a short/medium term trade the target can be 2849 where there may be some resistance. In the long term target can be around 9000.
FTSE100 - UK100 - Can Meet Last Year Levelin last 12 months many things happens in Economy Covid-19 and Politics. Economy need to run and can see life more normal. UK100 can see last year level 7200 to 7600.
UKX - expecting more upsideInto support - similar structure to H2 2020.
Expecting more upside
Best, HF
UK100 LONG BIAS Price in the short term is in a bearish decline, while the medium to long term trend is bullish. Price has declined to a key area of previous resistance and potentially support on the Daily timeframe. Based on price action I believe this could be a key area where price could reverse to test previous broken support. I don't expect price to hit this target till next week.
FTSE100Trade idea
Impulse move now corrected to the initial demand zone
IF unchanged / positive Economic data Look for potential Longs
19TH OF Feb (Multiple FTSE companies Earnings report ) A day to watch IF trade ongoing.
Pretty Good Oscillator Indicator
In a Downtrend:
Only sell
1. At the end of the overbought area
2. Add when crossing below 0 line
3. Add at the start of Oversold
In an Uptrend:
Only buy
1. At the end of the oversold area
2. Add when crossing above 0 line
3. Add at the start of overbought
Indicator Settings
Period 28
Overbought 2
Oversold -2
Your Capital is at Risk. This is only an educational video.
FTSE100 - UKX - WHERE TO NEXT?FTSE100 UKX - Range Bound - WHERE TO NEXT?
Technical View:
Resistance: 6782.5, 6823.0, 6900.5
Support: 6677.7, 6627.6, 6610.9, 6535.8 (200EMA)
Pattern: Multiple formation Bull Flag / Triangle Formation
How to approach this trade idea:
- Add alerts at key break out areas
- Wait for the break out and trade the pull back
- Check the key Fibs matching S&R Areas
- Don't forget to gain a good R/R
- Add limit orders to break out areas, bit more of risky approach as you don't want be part of fake break out!
Go with what you have written on your trade plan overall.
It's FRIDAY....! On a Friday - I take day trades, review my journal and get ready for the week ahead. It hasn't been bad week very choppy markets we are in range bound areas in most assets apart from Crypto's great momentum towards down side I always say in life and in the markets - What goes up, comes down eventually. Now it doesn't mean you're going to become profitable trader and come down - NO! What I mean is, your performance isn't going to be straight line there will be days up and down and let be honest with you - I don't always trade everyday because I know when I want to be part of the market, be disciplined! It does depends on way you mange your portfolio.
Have a great weekend.
Trade Journal
(Just a trade idea, not a recommendation)
FTSE testing at critical junstionBreak of the uptrend line was strong with a good impulsive candle. Now at critical support near 6600 level. 200SMA is also at support. An impulsive break lower could signal momentum to get us to 6500 target.
Risk-off this morning across the board. Some of it on news as China's surging COVID-19 cases trigger clampdowns.
Good Luck and Stay Healthy!
UK100 (MY SNIPEST ENTRY)UK100 is going to buy because we have a break of structure for potential upside movement, (DAILY STRUCTURE)
UK100 for new recent highs? 🦐After our last analysis on UK100 index we look for a new opportunity.
The price on the 4h chart retraced inside a channel until the 0.618 where the market found a support.
According to Plancton' s strategy if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
UK100 Stock, Again bought UK100 indexUK stock index is retracing a little after the bit impulsion that we predicted in our previous Analysis. If you are not in open position you can buy One at the CMP and second buy limit will be 6550.
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