UK100GBP 🇬🇧 to decline if rejected by the DowntrendUK100GBP 🇬🇧 looks quite bearish , though there might be a slight incline to test the smooth downtrend. If confirmed - short it!
UK 100
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 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.
If you like my idea just hit the LIKE button.
FTSE testing important levelA falling channel on a 4-hour timeframe is soon to approach the support zone. A potential retest of the uptrend line and 200SMA make it a strong level.
Can trade the bounce here looking for reverse patterns on a smaller timeframe. A break lower is possible but requires significant selling pressure and some 'more' bad news regarding the pandemic.
Please support the idea and share your thoughts on FTSE!
Good Luck and Stay Healthy!
UK100 Ascending Triangle - Long OrderUK100 Ascending Triangle Long Position
Entry: £6,861.3
TP & RR: £7,036.9 (2.21)
Stop Loss: £6,781.8
REASONS FOR THE TRADE
Unfortunately, this is not a trade that I will take since I already have enough positions for the day and my system prohibits me from being overexposed. From a technical point, this seems like a sound trade - testing lower trendline in ana ascending triangle and the Market Flow indicator printing a divergence. My sixth sense tells me, however, that this trendline may not hold... but it's usually wrong, that's why I count on technical indicators. The Stop Loss is far enough for you to evaluate if the price will drop down or will bounce up and start heading towards the target.
I will not count this trade in my journal but I will continue to update it as it goes.
UK100 Stock, Just bought UK100 indexAs UK100 index is looking a good buy position after Brexit Deal between UK and Europe is supporting UK Assets.
If you like this idea, Please give it a thumbs up!
UK100This could be based on the fact that the lockdown could be eased. And the vaccine can be tweaked to tackle the new covid strain.
UK100- To break up?FTSE100 is consolidating just under important resistance that lies around 6500.
I believe this resistance will be broken to the upside and UK index could see a new all-time high.
A buy around 6400 would be ideal for this anticipated break and, with a 100 points SL could easily reach 1:3 R:R
UK100GBP🇬🇧 to bounce from Support!UK100GBP🇬🇧 has just left the Upward channel and the short move provided us with the 1.1% of profits. The pair could not break the support of 6308 and according to the upcoming ROT swing and the RSI oversold the upward movement is highly possible here!
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
UK100GBP🇬🇧 to break the Upward channel!After the 3rd rejection from the strong Resistance the the UK100GBP🇬🇧 index looks quite bearish. The ROT together with the Engulfing candle pattern suggest the pair most probably will break the Upward channel.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
UK100 - StallingUK100 had a huge bullish run and we are now witnessing the exhaustion phase. We have come up to test around the previous high, the majority will be looking to sell from here but I would like to see one last push up before we see selling pressure.
FTSE 100 Buy set up We are seeing strong gains in the FTSE 100 as positive headlines on a potential vaccine, alongside expectations of a Brexit deal is causing investors to buy undervalued UK assets before the pound strengthens against the U.S Dollar.
Great Opportunity & RR on UK100Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
UK100 H4 IDEAweak mouvements since 01 JAN 20 and still pushing but technically UK100 still showing weak future mouvements
UK100 Intraday Setup.UK100 - Intraday - We look to Sell at 5944 (stop at 5979)
Prices spiked higher and stalled at resistance in early trade.
Further selling pressure led to a reversal in price action.
We are trading at overbought extremes.
This is negative for sentiment and the downtrend has potential to return.
We have a 61.8% Fibonacci pullback level of 5944 from 6042 to 5785.
Further downside is expected although we prefer to sell into rallies close to the 5944 level.
Our profit targets will be 5845 and 5770
Resistance: 6106 / 6325 / 6515
Support: 5770 / 5650 / 5445
UK100 to Long?Market analysis pointing to some decent bull in store after channel break to the upside.
Trade at your own risk ...
UK100 Index Trade Idea Gonna go ahead and steadily started building new buy positions on this asset, my main target is 6250 for the most part.
UK1000GBP SELL!Hello traders!
This could be very good swing trade..
Our key level is 5881.0, if UK100 will brake support zone, i will sell.
Just set Alert at 5881.0!
Stop loss: 5901
Take profit 1: 5850
Take profit 2: 5824
Good luck!
Long FTSE100Hi all, FTSE100 seems to be struggling to recover from the brutal February stock crash, added to the recent BREXIT issues, all fundamentals do not support a bullish outlook. But technically we could be getting ready to trade higher, we gotta be optimistic at this point. A good deal from the BREXIT talks could fuel the buys. For now investors are mostly observing and making small bet, we seem to be holding steady above the 6000 big figure. We still got reasons to buy at this point, that would be a solid discount. For the fundamentals as worse as it is, UK seems to be making trade deals with other good economies, Japan for instance. I wouldn't make a big sell bet right now, that's why for this week, we looking to go long on UK FTSE 100 Index
A ideal entry will be 5915, with invalidation points being around 5750, targets could well be above 6100 to 6250. Just a personal outlook, take at your own risk.
HAPPY TRADING
