UK100 CFD
UK100 to Long?Market analysis pointing to some decent bull in store after channel break to the upside.
Trade at your own risk ...
FTSE100 Short Trade Scale InI believe UK stocks and the FTSE index in particular is due another bearish wave now. Price is in the perfect region for another lower high to form and selling to begin once more.
Using the fibonacci retracement tool on the 4hr/daily price waves there is the 0.786 level above to act as resistance. Price is in the region of the daily 50EMA with longer term bearish trend alignment of the 50 and 200EMA's apparent.
Selling from this level with a conservative sized SL and targeting the previous support zone (5800) and lower lows (5680) has the potential to produce good returns. Targets are shown on the chart.
I am still short FTSE from 6312.00 and I think bearish bets going in to the end of the year is the best probability outcome.
UK100GBP BUY LIMIT IDEAHello traders!
I will set buy limit on UK100GBP , we have strong bearish momentum right now, so i want to see re-test at 5945.5
After that we will see bullish move!
Buy Limit: 5945.5
Take profit: 5968
If UK100 will brake our strong resistance level,then i will to hold more for bigger profits! Good luck!
Stay on charts, this will be huge month!
/Mr.Trade
FTSE UK100 FTSE 100 we will see a change of tenure, put it in the comments.
They have marked supports and short- and medium-term resistance
This month we will be following it on our list and also the DAX, CAC AND IBEX35
A cordial Greeting L.E.D
In Spain at 6/10/2020
FTSE UK100 - IT WILL CRASH THIS WEEKHello all
DuncanForex here with a trade idea - with no advertising about anything so the post will stay active.
With the power move down during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance.
The FTSE is going to hit circa 3200 and it starts today.
With the bearish pin bar currently being formed, this will create a very nice reversal pattern.
Both creating ultimately a CD move at around 3200
This isn't financial advice, however don't buy stocks, wait at least another 12 to 24 months and buy them when the FTSE is circa 3500
Stay safe and safe trading
Duncan