UK100GB to see a limited rally?UK100 - 24h expiry
Price action looks to be forming a bottom.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
Rallies continue to attract sellers.
Further downside is expected although we prefer to sell into rallies close to the 8095 level.
We look to Sell at 8095 (stop at 8171)
Our profit targets will be 7943 and 7780
Resistance: 8110 / 8170 / 8230
Support: 7920 / 7780 / 7710
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Uk100short
SHORT UK100 - one way ticket Team, apologies I did not send out earlier about the short position in the UK
however, in another few hours, the UK market is likely to open
We want to short at 8292-8306 - with a stop loss at 8335
Target 1 at 8276
target two at 8265
Target 3 at 8254-45
Once it hits our first target, please bring stop loss to BE.
UK100 - been waiting 8 hours for the price to formTeam, we have been waiting for the UK to hit our price to short
short price at 8392-97
STOP LOSS AT 8415
Target at 8676
Target at 8353
Target at 8336-27
Once it hit our first target - take 70% profit, the remaining bring stop loss to BE if you plan to target further.
UK100 SHORT POSITION - SET UP AND WAIT Team, we have set up the UK100 short position. The current price is 8270.
Entry short position at 8275-8272 (we are waiting for the confirmation)
Stop loss will be at 8300
Target 1 - 8256.9
Target 2 - 8235.8
Target 3 8219.7
Target 4 8197.40
Yesterday, we had both short and long UK100 - all hit nicely.
We are in SHORT UK100Team, this morning we were waiting patiently for the UK to hit our short position. We are now entering the short positon at 9394.60
STOP LOSS at 8420.10
Target 1 at 8378.60 once it hit the target, trail your stop loss toward the entry short position.
Take some partial profit
then target 2 8362.60
and then 8352.80
UK100 Bearish 4H TF(Divergence, BOS, Resistance)UK100 showing bearish momentum supported by 4H divergence with recent Break of Structure (BOS) and strong resistance. Entry is placed as Sell Stop below the previous LL. TP is at 1:1 and SL at previous HH.
Note: You can close half of the position at 8098 level (if you are not comfortable with price going more down).
What do you think, will it work?
overlap resistance ahead?UK100 is rising towards the pivot and could reverse to the 1st support.
Pivot: 8,257.05
1st Support: 8,122.00
1st Resistance: 8,367.16
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Unlocking Opportunities: UK100 Supply and Demand AnalysisHello Traders,
Critical Zone Breakout from Supply Zone Indicates Potential Upside Momentum, While Failure to Respect Signals Downside Pressure Ahead.
We have 2 Demand Zones, and A Supply Zone. If The Price Breaks The Supply Zone, Take Entry While Retesting OR Pullback of The Move Otherwise If It Respects The Supply Area Then Look For The Short Entries!
Please Note That The Only Purpose of The Information On This Page is Purely Educational.
I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement.
Thank You.
UK100 FTSE Technical Analysis & Trade Idea (see previous video)The UK100 has reached a critical resistance level and is showing signs of being overextended, particularly on the daily time frame. I foresee a potential retracement and am currently seeking a short opportunity against the prevailing trend. For a comprehensive analysis of this setup, please refer to my recent video post.
UK100 FTSE Technical Analysis & Trade Idea#UK100 Observations:
- Monthly and weekly charts indicate weakening bullish momentum.
- Significant resistance encountered at a key level suggests a potential reversal.
- 61.8 Fibonacci retracement zone identified as a logical downside target.
Trade Idea:
- Short position on the #FTSE.
- Place stop-loss above recent swing high.
- Primary target: Previous swing low on the daily (1D) chart for a 3:1 risk-to-reward ratio.
- Consider partial profit closure at the 1:1 risk-to-reward level.
Important Disclaimer:
This analysis offers a technical perspective and not direct financial advice. Conduct thorough market research and implement sound risk management strategies before executing trades.