UK100 Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Uk100short
Could the price reverse from here?UK100 is reacting off the pivot which has been identified as an overlap resistance and could reverse to the 1st support level which is a pullback support.
Pivot: 8,316.78
1st Support: 8,234.92
1st Resistance: 8,371.78
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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Bearish drop?UK100 is reacting off the pivot and could drop to the 1st support which is an overlap support that is slightly below the 50% Fibonacci retracement.
Pivot: 8,271.80
1st Support: 8,152.16
1st Resistance: 8,333.08
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Heading into overlap resistance?UK100 is rising towards the pivot which acts as an overlap resistance and could reverse to the pullback support.
Pivot: 8,231.90
1st Support: 8,148.65
1st Resistance: 8,319.25
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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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Potential Moves for UK100
Watching UK100 right now.
it just entered a 4H FVG, if double top confirmation happens, I will be looking for shorts.
Alternatively the FVG will be violated and it will carry on with a bullish trend.
Let's see
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, TIME TO SHORT AT 8265-69Team, we been waiting for the price to pull back into our short range position
consider shorting UK at 8265-8269 with STOP LOSS at 8276
target at 8243
target at 8223
target at 8205
TAKE partial profit at 8243.
NOTE: once it break below 8240, bring stop loss to BE
UK100 - WHAT DO WE DO?Team, we have been patiently waiting for UK100 almost 6 hours, it time to short them at 8255-8257
With a target at 8232
and below 8220
UK100 - let short the UK with tight stop lossTeam, last few weeks, we have been successfully trade the UK100 AND AUS200
Lets hope this trade give us some fruit
we have very tight stop loss range, but good return in target.
so we are trading 1R against 3R-5R
Every trade take a risk, good luck
UK100 - ARE YOU READY TO TRADETeam, i am waiting for UK hit 8326-8330 to short
with stop loss at 8355
target 1 at 8294
target 2 at 8276
target 3 at 8257
Once it break below 8300 zone bring stop loss to BE
UK MISSED THE SHORT EARLIER - TRY AGAINTeam, i missed the short today for UK, but now i try again
Short at 8276-8271, STOP LOSS at 8289 - it is up to you.
target at 8255
target 2 at 8229
WE ARE SHORTING UK AT RETEST YESTERDAY HIGH - DOUBLE TOPWe will wait for the UK100 go back to our retest price then we will short
SHORT UK100 range at 8269-8267 with STOP LOSS at 8301
Target 1 at 8235.6 and
Target 2 at 8214-8209 (yesterday's low)
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.
SHORT UK before data come outwe are shorting UK at 8251.60 with stop loss at 8275.60
Target 1 at 8232.7 and
target 2 at 8205.70
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
We are entering a short position on UK100As we expect a little pull back from the UK100,
SHORT POSITION AT 8411, STOP LOSS at 8425
Target at 8472-65
Once the price reach below 8385, trail stop loss toward your short position to protect the trade.
SETTING UP SHORT UK100 - preparing stageTeam, I have been prepare the set up to short UK100,
With Entry around 8360-58, with stop loss at 8378
Target 1: 8336
Target 2: 8321
Target 3: 8308
Please note: once the price hit first target, trail stop loss to 8355!
Prepare to SHORT UK at 8392-89 rangesTeam, I am prepare to set up a short position for UK at 8392-89 reanges with stop loss at 8412, target at 8366 and 8341. I believe once it hit those price, it is likely to retreat.
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
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
UK100 Short Term Sell IdeaH4 - Bearish convergence
Currently it looks like a pullback is happening
No opposite signs
H1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the two strong resistance zones hold my short term view remains bearish here.
