US100, US30, UK100, DE30 Technical Analysis and Trade IdeaIn this video, the US100, US30, UK100, and DE30 are analysed to find a common thread between these four instruments. The stock markets have traded into key support levels and a reaction from these levels could be worth consideration. The trend, price action, price gaps, market structure, and a potential trade opportunity are covered. It is important to note that this is not financial advice and is meant for educational purposes only.
UK100 CFD
UK100 CrashHello we are part of a new community called lucky trading club in tradingview so let's begin our second analysis.
UK100, ftse100 will crash, we have a eqh on 7700 with a lot of liquidity it was already taken last friday on 7900, also we have 5 waves of elliot and harmonic pattern in the range of 7700-7900
We still in uk100 ATH when all institution begin to sell gradually and uk economy still in acute crisis because inflation and decrease of pbi.
In ressume a lot of confluences to take this short position.
Type of trade: Swing.
Entry: 7840-7900
Our targets
Target 1: 7700
Target 2: 7580
Target 3: 7400
Target 4: 7200
Max x20
Big Breakdown on FTSE 100/ UK 100After ATH for the FTSE100, the development of bearish divergence within a rising wedge has occurred.
This bearish pattern has broken down now and I AM SHORT at the current levels.
I am looking for the price to come down to 7700 where I will take some profits. Followed by 7600, 7400, and finally 7000
I don't have a stop loss in place as I think it could put in another confirmation high just sub 8100, which would still keep me bearish. I will close the position if a bullish edge develops
Has FTSE formed a swing low?UK100 - Intraday -
Previous support located at 7600.
Previous resistance located at 7650.
Price action has continued to trend strongly lower and has stalled at the previous support near 7500.
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
A move through 7650 will confirm the bullish momentum.
We look to Buy at 7521 (stop at 7456)
Our profit targets will be 7681 and 7711
Resistance: 7650 / 7700 / 7750
Support: 7600 / 7500 / 7400
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
FTSE to recoup some of Friday's 'SVB' selloff?Friday was the most bearish day for the FTSE since September, as concerns over SVB (Silicon Valley Bank) and the potential for contagion across the finance sector weighed on sentiment. Yet a joint statement from the Fed, Treasury and FDIC (Federal Deposit Insurance Corp) released on Sunday assured that deposits at the bank will be guaranteed, which helped boost sentiment in today's Asian session.
Futures markets point to a higher open, and we suspect the FTSE can rebound and recoup at least some of Friday's losses. Note that the RSI (2) reached oversold by Friday's close, and the low of the day found support around the 2019 / 2020 highs and monthly S1 pivot.
The bias is bullish above Friday's low and for an initial move to 7800, a break above which brings 7850 into focus.
FTSE 100 Index Trending HigherFTSE 100 Index trending higher on the weekly chart; current price is above its 10 week moving average (bullish); both the 4 and 13 week rate of change indicators above zero (bullish); upside prospects for the short to medium term (5-49 days) spotted at 8,023 and 8,203, while downside price risk below 7,742 implies the end of the prevailing up-trend.
Not investment advice. Past performance does not guarantee or predict future performance.
FTSE Broke from a range to the upside.Previous support located at 7950.
Previous resistance located at 8000.
The correction lower is assessed as being complete.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 8006 and 8024
UK100 - Intraday - We look to Buy at 7926 (stop at 7894)
Resistance: 800 / 8050 / 8100
Support: 7950 / 7900 / 7850
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
FTSE Top?It looks like the FTSE has found a top. I'm expecting the price to 'Re-balance' the Daily Imbalance of last week before continuing trending lower.
I have set an alarm if to this BLUE AREA (Daily Imbalance).
FTSE bulls eye break of 8,000The FTSE snapped a 4-day losing streak yesterday, after the pullback from its record high found support along the bullish trendline. A bullish engulfing candle also closed above the 10 and 20-day EMA’s, after the RSI (2) went into oversold territory the day prior. So it appears a swing low has formed and we’re looking for a move back above 8,000 whilst prices remain above last week’s low.
UK Inflation drop to 5 month low at 10.10% - Still crazy high!The UK inflation rate has dropped to a 5-month low of 10.1%.
This tells us that the peak inflation may be behind us.
The decrease in transport costs, as well as restaurants and hotels, were the main drivers of the lower inflation rate.
However, if we compare it to other developed nations like the US, France, and Germany - the UK's inflation rate is still quite a bit higher.
Now we need to see the Bank of England (BoE) to keep taking action to drop the inflation and interest rates.
I mean an inflation rate of 10% or higher is still crazy!
UK100 to breakdown?UK100 - Intraday - We look to Sell a break of 7899 (stop at 7943)
Previous support located at 7900.
Previous resistance located at 7975.
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Price action looks to be forming a top.
A move through 7900 will confirm the bearish momentum.
Our profit targets will be 7789 and 7759
Resistance: 7975 / 8000 / 8050
Support: 7900 / 7750 / 7700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
FTSE Optimum SHORT ENTRY next week?I'm looking at the BLUE BOX where I can see a prince IMBALANCE.
It's going to be juicy next week I believe.
FTSE / Ending Diagonal - The BIG SHORT is comingThis very looks like an ending diagonal and you best believe that the downfall will be pretty explosive!
FTSE on the RISE into price discoveryWho said the financial markets were rational? I guess no one, but why people always try to find reasons for an asset to go up or down.
When you look at the UK economy and the FTSE making new 'All Time High', we understand my first setence.
Price could go much higher if this 'Expanding Diagonal Figure were to play out'