Uk100short
Sell UK100 - Rising WedgeWe are looking for additional optimal & affordable sells for the UK100 pair versus the composite man as lower points of supply develop.
There appears to be a rising wedge pattern which traditionally alludes to bearish sentiment (within a larger megaphone pattern).
TP1 - 7000
TP2 - 6850
Starting SL - 7160.
Good loot management in use.
UK100 SELLClear indication of sell. I will try by all means to keep posting more analysis, keep dropping likes and commenting.
UK100GBP SHORT UK100GBP is at a key resistance level, as well as being at the peak of a bear flag on pivot 5, RSI 2 & MFI 7 showing massively over-brought, I think there's only one way from here, down. expecting 65.98 eventually, but you can pencil in 71.50 as TP1.
good luck, see you at the bottom.
Fighting with triple resistance We are at a zone where we encounter three reasons to resist.
1. 0.786 FIB Level
2. descending trendline
3. 4h S/R level
In addition, we have 2 sell signals of the Wavereader.
I don´t need any more reasons to try a short here.
FTSE100 Possible sell and buy setups with entrys.Good evening all, I am overall forecasting a bull move coming in for the FTSE 100 shortly... this is due to price failing to maintain the HH HL price action.
HOWEVER....
We all know we trade what the market gives us which is why I always have multiple entry's for both bullish and bearish should price decide to go against my forecast. Now, every entry you see is based upon a key level, they are not just placed in random places...
Of course guys this goes without saying but this is just for educational purposes and copy this trade at YOUR OWN RISK.
Remember never risk more than 1% and aim for at least a 2:1 RR.
Good luck for the rest of the month guys and I am also open to hear you guys forecast for the week ahead.
Looking for a nice short on UK100Looking to see if we can get a continuation from the previous move on 04/20.
I'm already short @ 6931.95 SL @ 6971.81 and TP @ 6591.71
Will see how it plays out.
uk100 short ?i started this pair today and i think this is the bias for the next day what do you think guys.
SHORT UK100 SELLI expect pice to retrace a bit before it carries on a uptrend. So i'll be looking for sell opportunities
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.
FTSE Intraday setup.UK100 - Intraday - We sold at 5594 (stop at 5662)
Prices have reacted from 5597.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Further downside is expected although we prefer to sell into rallies close to the 5594 level.
Our profit targets will be 5400 and 5155
Resistance: 5650 / 5854 / 6106
Support: 5445 / 5155 / 4785
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
ridethepig | Positional Play in UK Equities 📌 UK Equities remain vulnerable with Brexit & Covid in play.
(Similar representation for those tracking the moves in S&P, NQ, DJIA and etc...)
(1) Firstly challenge the view that Rishi's stimulus produces an immediate effect and anything more than a spring mattress; the furlough scheme is incredibly expensive and weighing heavy despite being totally justified.
(2) Recognise the idea that we are in a dead-cat-bounce in Equities broadly and that the UK is particularly exposed to these corrections which is key in positional swings! With this said, I struggle to find positives in the UK and in doing so prevents exposure on the bid. In order to bring interest in UK Equities I would need to see the current lows swept and in the event of a no-deal Brexit then we can see as low as 3579.x.
(3) Keep to the strategy - avoid getting soft hands and closing out too early (out of fear of missing the rally) and try rather to operate with a sense of calm and tranquility.
(4) Aim for total destruction of UK assets in the coming year, sadly the individual mobility of almost every sector will be affected from the political suicide.
(5) Get used to observing the complacency and "sell on rallies"; do not let an emotional retail approach be decisive.
(6) Remember what is important for Positional swings ... we are not attacking, or even defending, but remaining nimble with the capital outflows, rather like meandering water.
Thanks as usual for keeping the feedback coming 👍 or 👎
UK100 FTSEJust an idea.
Again, I like to put many ideas here but I don't actually take that many trades lol.
I like to try immerse myself in the charts as much as I can, and spot opportunities with different eyes, at different times of the day.
Support, Resistance, Trend Line, Counter Trendline.
uk100this index is falling , UK delaying reopen will hit it for aweek or some thing i will short it now
and buy the bottom latter next week .
take this on you own responsibility
UK 100am willing to take this trade , i know its risky any the stock market in general will tend to go bullish this week at least
but i have the feeling that this index will fall .
so keep an on it - but dont trade it .
my setup dont complete on this trade and it miss many combination .
UK100 6208.7 -0.58 % UPDATE ON THE INDEX * CONTINUATION PATTERNSGood Day Everyone
A look at the UK 100 - FTSE currently on a strong bearish move on higher time-frames looking for a continuation of this move with the bears on the index, the index is currently at support level 6211.6 looking for a break below to trigger the trade and significant moves to the downside to confirm a move with the bears. a break and retest of this level will confirm the move among other things. lets see how it goes....
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - DAY TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
UK100 to Short?This is a bigger channel market may need to break, if it breaks then expect a good amount of drop.
Trade at your own risk ...
Potential Short Position - UKX (UK100) Good morning, from my previous analysis on UKX, I'm confident that the next move will be a retracement on the Fibonnacci. As labeled on the diagram, the price exceeded the resistance that was in place at 0% and continued to reach 27% (currently), due to buying pressure exhausting the price causing it spike which will, hopefully, result in price falling to 6237.6 (minimum). Once it has fallen to that price, the bearish chart should continue to steadily hit price 6169 (38.2%). However, if this turns out to be not the case, the chart will continue bullish until a new support has been formed.
