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UK100 CFD

FTSE DOWNkey: dark blue lines are day yellow lines are yellow white lines are month red lines are patterns (descending triangle) what we have here on the daily time frame is a descending triangle winch means the price will probably brake to the down side Also u can see that yesterday we had a candle up to the months high at 6,325 and got pushed back down to blue line at 6,296. as u can see with to days open we had a rejection off the previous days high and have support on today's low how i would trade this is wait till the brake out happens to know direction
TVC:UKXShort
by MFinlow
FTSE consolidation endingA triangle price pattern and RSI near 50 shows that daily FTSE is entering the final stages of consolidation. this means we shall soon see the next big candle move from the market. On the fundamental side things are looking bearish as virus cases spike again and IMF and Central Banks are being very negative regarding the economic recovery. The contrarian point is that potential stimulus, even more of it, could boost the stocks to keep indices from falling. In UK Boris Johnson said today that next week the Economy Phase 12 plan will be rolled out. He actually said the same thing in his May's speech, so I am not having much faith here. Many cities across the globe, including the UK, are starting to close again because of the virus spikes, so markets are very cautious and more on the bearish side. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
TVC:UKX
by Antonio_trader
2
UK100 LONG - WEEKLY timeframe - modified Heiken Ashi strategyUsing a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji. A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the instrument in addition to following the strategy rules. In this trade the body of last week's HA candle was green therefore we enter long at the open. Stop goes beyond the local low. This constitutes 1 risk unit. An approximate target is set at 2.5 risk units.
FX:UK100Long
by jhgcfmkl
3
$UK100Hold his feet in the ascending waveAs we see on the Chart The $UK100 Index testing the first resistance (1) and in my own view it will break this resistance sooner or later to test the resistance (2) Which is a previous semmit especially after the fake break of the uptrend (the bullish channel in general), After that we may see a new peak on the level (3) on the Chart and this enhances the rise of the price. Note : My analysis are for medium and long term investment (weekly and monthly)
FX:UK100Long
by AlaedineHarcha