UK100Possible sell scenario on uk100. If we break below 6247 we might go all the way to 6166 next. Not yet certain but id be looking out for this drop today.
UK100 CFD
#UK100 #FTSE Full Top Down Analysis & ForecastTraders, Like SNP500 and US30 we were expecting FTSE 100 to be bearish too.That's what has happened. Now it has reached a level where it could start to move higher. So we need to see what lies ahead. Lets find out.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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UK100 6208.7 -0.58 % UPDATE ON THE INDEX * CONTINUATION PATTERNSGood Day Everyone
A look at the UK 100 - FTSE currently on a strong bearish move on higher time-frames looking for a continuation of this move with the bears on the index, the index is currently at support level 6211.6 looking for a break below to trigger the trade and significant moves to the downside to confirm a move with the bears. a break and retest of this level will confirm the move among other things. lets see how it goes....
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - DAY TRADE
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$UK100 #FTSE100 Index - Into 3300 and buyside $ this 6200 level is key ! Long above stops below 6190
UK100Rejected purple dotted line 6320, has respect the rule of the “trend line” and has tested and gone short after breaking through. I see a short to 6200 where they’ll be a retrace and continuation back down or turn bullish and retest 6320.
Trade at your own risk.
UK100 6305.1 + 0.82 % LONG IDEA * STRUCTURE & CONTINUATIONGood Day Everyone
Here's a look at the UK100 which has been range bound in an ascending triangle structure but looking from higher time frames the sentiment is still bullish on the index so will be looking for a continuation of this move to the upside the trade will be taken on if we see significant moves with the bulls and begin to trade above level 6329.11 among st other factors lets see how it goes...
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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UK100 Long Trade SetupHello Traders
My forecast is one more upside for the completion of the B wave. That's why I want to take a long trade in order to hedge it at 0.786 retracements of the A wave. I'm waiting for a correction over the trendline to place a pending order. I'll put SL under the trendline.
Trade with care.
Bulent
FTSE trade planPrice formed a falling channel near the resistance zone. A break higher is a continuation signal to target 6500, previous highs. 2nd target is at 61.8% fib retracement of the March sell-off.
Sentiment is positive as markets prices in the reopening in UK and Europe.
Please support the idea and share your thoughts on FTSE!
Good Luck and Stay Healthy!
UK100 consolidating below resistance 🦐The market has been consolidating below the daily structure.
Price already attemp to break it once but got rejected..
IF the price will manage to break above at the retest we can look for a nice long order according with our strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
UKX Potential Short IdeaAccording to last week movement and market structure, I found a potential reversal zone. Hope it helps! :)
Risk to Reward 1:2
WARNING: This is just my idea and check Monday's movements and decide by yourself!
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
FTSE testing trend lineFTSE failed to break resistance zone and sold lower. Now approaching support at the trend line, 200SMA and 6000 level. A break lower would trigger a sell to lower levels.
Please support the idea and share your thoughts on FTSE!
Good Luck and Stay Healthy!
4 ENTRIES UK100 PREDICTIONAs always please use risk management,
Due to what I'm expecting i believe in a good long for tomorrows trading session.
FTSE trade planPrice showed a break of the consolidating triangle. Now at resistance, previously confirmed. Wait for the break to buy to the next level of 6500.
As more of UK businesses reopen, stock market is expected to be bullish.
Please support the idea and share your thoughts on FTSE!
Good Luck and Stay Healthy!
UK100!painting the current picture on FTSE as a wedge , so far sticking to bottom trend line but a break is possible.
If trendline holds, back up to test the higher trend line before continuation of bearish momentum.
UK 100 / FTSE 100 (SHORT)FTSE 100: the opportunity is SHORT as the market will collapse under deflationary pressure!
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!
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.
