UK100GBP support has been clearly broken.UK100 - 24h expiry
Short-term bias has turned negative.
Our bespoke support of 7600 has been clearly broken.
Previous support at 7610 now becomes resistance.
Short-term momentum is bearish.
Posted a Double Top formation.
50 4-hour EMA is at 7608.
We look to Sell at 7609 (stop at 7659)
Our profit targets will be 7484 and 7454
Resistance: 7590 / 7610 / 7650
Support: 7540 / 7490 / 7460
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.
Uk100short
UK300GBPThere is a head and shoulder pattern likely to form. I am waiting for the price to break out at the support zone, then retest it so that we can have a go ahead to place our position.
I anticipate that the price might continue with the bearish momentum.
My intended entry point is 7600, SL at 7630 and TP at 7500, thus R:R is 1:3.
We are at it again!I am short UK 100 with the following:
Entry: 7822.83
Stop Loss: 8150
Take Profit 7300
R/R of 1.6 which is slightly higher than my usual 2 taking ATH into consideration.
Timeline is 30 days or when TP/Stop is hit respectively.
UK 100 FORECAST Hi there,
Looking at UK100 index which is approaching a MAJOR support level OB.
Uk100 has currently wicked some liquidity below the Lows of 1 june and forming some bullish hammer candles. But we want to see some big hammer candle or bullish engulfing candle to enter for longs as well as change of character on the trend.
4hr time frame = bearish
1hr time frame = bearish = shorting between from 7530 or 7500 range to major support
15mins time frame = bearish = shorting from 7500 to 7450
daily frame = 100pts from major support.
RSI showing small convergence.
UK100 to find sellers at psychological level?UK100 - 24h expiry
The current move lower is expected to continue.
Short term RSI has turned negative.
Rallies continue to attract sellers.
Risk/Reward would be poor to call a sell from current levels.
A move through 7425 will confirm the bearish momentum.
We look to Sell at 7500 (stop at 7525)
Our profit targets will be 7425 and 7400
Resistance: 7475 / 7500 / 7525
Support: 7450 / 7425 / 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.
UK100 to stall at previous resistance?UK100 - 24h expiry
Previous support located at 7550.
Previous resistance located at 7600.
Trend line resistance is located at 7630.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
We look to Sell at 7630 (stop at 7660)
Our profit targets will be 7530 and 7525
Resistance: 7600 / 7630 / 7650
Support: 7550 / 7530 / 7500
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.
UK100 to start a selloff?UK100 - 24h expiry -
We are trading at overbought extremes.
Short term MACD has turned negative.
A break of 7800 is needed to confirm follow through negative momentum.
Short term bias has turned negative.
We look for losses to be extended today.
We look to Sell a break of 7799 (stop at 7838)
Our profit targets will be 7701 and 7681
Resistance: 7835 / 7860 / 7880
Support: 7809 / 7780 / 7750
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.
UK100 FTSE Technical Analysis and Trade IdeaIn this video we focus on the FTSE UK100, however, the US100, US30, UK100, and DE30 are analysed to find a common theme between these four instruments. The stock markets have traded into key support levels and have been rangebound for some time. We are now seeing some bearish momentum evident in the charts. 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.
FTSE to breakdown from a wedge?UK100 - 24h expiry -
Previous support located at 7740.
Previous resistance located at 7800.
We are trading close to the end of an ascending Ending Wedge Formation.
We expect a reversal in this move.
A move through 7740 will confirm the bearish momentum.
We look to Sell a break of 7740 (stop at 7820)
Our profit targets will be 7560 and 7550
Resistance: 7800 / 7820 / 7850
Support: 7740 / 7700 / 7550
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.
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
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.
SHORT THE UK FTSE 100 The UK100 has been range bound since BREXIT, with some price action discipline a great long term profitable trade we've enjoyed for over a year. The orderflow has been perfect when matched with price action queue's when to enter the trade and exit the trade.
But recent uncertainty in the UK economy (thanks to excessive borrowing and reduced taxation promises) and a strong DXY has increased the volatility to the downside and we're expecting further breakouts towards the previous 6,000 lows with some excellent risk return ratio's.
uk100 short nowThis market is witnessing an unusual movement and the possibility of a decline is very high
My advice is to sell
UK100 Analysis &Trade Plans Trade Plan A
1- A strong support area
if the price gets rejection then go for long
Trade Plan B
1- If the price breaks the
above support then go for short
at the new HH
UK100 Short Terms Sell Idea @ 1 Hour On 29-Aug-2022ABCD Pattern forming and the fact that previous double dropped approx. 170 points, UK100 is expected to test support to reverse from 7260.
Another fact is ABCD projection showing the exact support point @ 7260
The overall trend could still be bearish for next week, look for a second entry short to confirm, for now, a short-term sell till 7260 may work.
Buy @ 7390
SL: 7430
TP: 7360
Lets Go Short – Double Top On The UK100Hi Traders,
Today we are on the UK100
In the 4-hour time frame, we see a nice double top.
My entry was the deepest point of the neckline.
I waited for the price to retrace to the deepest point at the top of the resistance of the neckline.
My short position opened then.
I had confluence from the divergence across the MACD as well as the large bearish volume that occurred during the impulsive break of the neckline.
My target is previous support which gives me a Risk/Reward of 1/2
Have a good Tuesday!
The Vortex Trader
UK100 BEARISH PATTERNUK100 CFD had broken the support of the triangle pattern that was formed on the 1H graph. The histogram of MACD indicator is still below the zero line, also confirming a bearish outlook for the instrument.
If the price of the instrument continues its current movement, it might reach levels below 7040. On the other hand, if price reverses, it will most probably test the resistance of the triangle at 7350.
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Bearish UK100 D1Just from my technical analysis I see a bearish movement is the works for many of the indices. But for now I'm covering the UK100. the UK100 has hit a quadruple top so it needs some thing to help it breakout so that would be the rat decision next week and the CPI on Jun 22 2022. Boris Johnson no confidence vote could have been a bearish catalyst so lets see where that goes. So for now I'll defer to the technicals. Does the UK100 follow Sell in May and go away ? tell me in the comments.
I have an entry @ 7549 SL @ 7775 my 1st TP @ 7290 and 2nd TP @ 6980.