Uk 100 London SessionTrading UK indices lately.. You should have been long on the smoker fall.
Then long after when we hit comfortable support. Then long again. and again.
This really helps. Trade with SCALE.
Uk100short
UK100 Golden area of sell Ftse100 is currently retracing after a very big movement to the downside. This retracement can take us up to the golden area of 7145. Here we can sell to push prices back down to the support area of 6900, if broken can take us to areas of 6575-6337.
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?
Short Opportunity on UK100 According to Head and shoulders
Downtrendline channel
Resistance and support level
Convergence on CCI
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: BearishUK100 has created a sell profile again.
Note: This is a second entry after the initial longterm entry.
UK100Buy Order placed for a short term buy. UK100 is bearish on a hgher timeframes so this is a short term trade and should be managed carefully.
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
Short Opportunity on UK100 According to FIBO Retracement
Divergence between the CCI with Price Move on Chart
Price Action / Minor Trendline Broken , now Re tested
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
Crab Complete & Potential H&SUK100 Crab complete with potential double top (Not confirmed yet though until neckline is broken)
I have entered early just based on LTF analysis, so that has made this trade a little riskier, but the probability of this falling are greater than rising so for me it was worth the risk, if hit's SL we just get back in a little higher and ride the wave down bringing all that 💰back in!
Whats your thoughts?
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.
