UK100 SHORT IDEAPrice has rejected main resistance level, 4H candle just closed as bearish engulfing so I'm expecting to price comes down to the previous low level since the main pattern on Daily and weekly are channel UP I believe it will touched there and bounced back up.
Uk100short
FTSE EXPECTED DOWNTURNFTSE might be headed for correction after slowed down growth among supply problems due to the war in Ukraine and the COVID outbreak in China, which is pushing up costs to a levels last seen in 1970s.
FTSE will most likely drop to its previous low of 7339 and from there it might try to test its previous low of 7050. If it decides to reverse, it will most likely test its previous high at 7675.
Both technical indicators MACD and RSI are showing slow down of the bullish trend.
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UK100 (FTSE100) Short Hellooooooo PIPIN TRADERS. This is one of the trades I will be looking at for the next few days before I post another update/analysis on this index, RISK TO REWARD 1:4
uk100This is the scenario of panic and chaos I will be moving my SL with the change of price downward. inflation and higher interest rates will result in vanishing billions of dollars from the United Kingdom. Even the split of UK can result in the collapse of a nation that was known as a ruler of the world. with ongoing geopolitical inside and outside Uk Its better to bet on commodities than on stocks.Not a Financial advice.
UK100 SHORT INCOMING WEEKLYHi there,
UK100 has reached the BIG RESISTANCE LEVEL.
Every time UK100 reached that level, it has ALWAYS got sold down.
It may RETEST the resistance level for a 3RD time then SHORT.
The MARKET is currently at A DOUBLE TOP.
TIME FRAMEE = WEEKLY
kind regards
UK100 - Massive rising wedge near breaking pointThe UK100 is looking very bleak for the foreseeable future. A massive rising wedge has formed on the 3D and looks to break at any point in the next couple of months.
Combine this with rising inflation and fears of conflicts in Russia, all provides the perfect setup for the UK100 to take a large pull back.
It is also worth noting that the OBV has broken down already, is the rising wedge next?
UK100A quick look at the FTSE100 Index using the traditional Ichimoku Cloud Settings of 9,26,52,26 and the MACD Indicator.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-Term momentum is downwards at the moment.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating the Mid-Point of the Mid-Term momentum is sideways at the moment but that may possibly change to downwards momentum once a significant low is created for the 26 periods.
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment is downwards. Note that the Lagging Span (Chikou Span) is now under the Price from 26 Periods ago.
At the moment the Price is still in the Bullish Zone of the Ichimoku Cloud but is getting close to the Ichimoku Cloud Leading Span A (Senkou Span A) support level. At the moment of typing this, there is very little distance between the Leading Span A (Senkou Span A) and Leading Span B (Senkou Span B) support and resistance levels below the price.
Note that the Leading Span A (Senkou Span A) level is pointing downwards.
Note that the Last 5x Volume Bars have closed above its Volume 20 Period MA in the red.
The Price is still below its Volume Profile Fixed Range Point of Control (VPFR POC) for the Fixed Range of 8x 1hr candles that i have selected.
The Price is still way above its Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range.
If we look at the Moving Average Convergence Divergence (MACD), we can see that the MACD Line is still under is Signal Line and is indicating momentum is downwards at the moment. Note that the MACD Line as dropped under its 0.0 Base Line into the Negative Zone on this 1hr timeframe and that the Red Histograms are increasing in size. If you are waiting for confirmation to go long, you need the MACD Line to cross back ABOVE the Signal Line creating a Buy Signal for this 1hr timeframe.
Be on the lookout for a break below the Leading Span B (Senkou Span B) level into the Bearish Zone and a successfully re-test of the Leading Span B (Senkou Span B) level as Resistance, after that, full Bearish confirmation on this 1hr timeframe will be when the Leading Span A (Senkou Span A) crosses below the Leading Span B (Senkou Span B) creating a Kumo (Cloud) Twist into a new Bearish Red Cloud.
I hope this is helpful with trading.
SUPPLY AND DEMAND - UK100 (2-8 Jan 2022)MN Trend: Downwards
W1 Trend: Downwards
Comments:
Wait for price to break TL in D1 chart
UK100 GOOD UP SPIKE CORRECTION FOR SHORTAnother short opportunity. With the UK inflation is on 20 years record just released. This is very great opportunity. good R:R. Target on the support.
UK100 VWAP BREAK SHORT OPPORTUNITY, GOOD R:RMarket are reacting to the persistence/implications of inflationary pressures which are still building. With the rise oil price and 10Y above 1.80%. This will create Risk-Off today for Indeces.
UK100 ShortFor more daily Detailed analysis, please feel free to click the follow button. If you do have any questions, please do ask them!
Here is our FTSE chart.
We are looking short at the current highs back down to reasonable support on LOWER TFs.
UK100 - Short Trade Idea - 7150 targetUK100, 15m Sell
Entry - 7192.8
Stop Loss - 1207.4 (14.4 pips)
Take Profit - 7152.8 (40 pips)
SUPPLY AND DEMAND - UK100 (13-18 Dec 2021)MN - Downtrend
WK - Downtrend
D1 Direction
Reacting off Supply. Look for SHORTS.
H4 TF
Look for fresh levels of supply to sell
SUPPLY AND DEMAND - UK100WK TF - short bias
D1 Direction
Retracement
1. If price does not break SUPPLY, then SELL
2. If price breaks SUPPLY, then buy from the new DEMAND zone that was formed
H4 intermediate
TO observe where price will go before deciding
1. If price does not break SUPPLY, then SELL
2. If price breaks SUPPLY, then buy from the new DEMAND zone that was formed
1H Entry
Only good for SELLS.
T: 1:3.4