Where to next? Quick trade idea! A break to either direction. Trade Journal Disclaimer: Not Financial Advice
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. It should be said that this symbol has entered a new phase and this is a descending phase. But in the definition of the previous trend, three waves are formed in a zigzag pattern, the last wave of which,...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on a count, we are in a zigzag motion, and from this zigzag, waves a and b are over, and now we are...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on counting, we are in a zigzag motion, and from this zigzag, waves a and b are over, and now we are...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on a count, you are in a zigzag motion, and from this zigzag , waves a and b are over, and now we...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a b wave at a higher time. This wave b is formed in the form of a zigzag and from this zigzag the waves a and b are finished and the wave c is being formed. From wave c,...
Trade Proposal: There is a probability of first tp to the proposed ( 45000 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: UKX is in Downtrend and It is Expected to Continue Downtrend.
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a b wave at a higher time. This wave b is formed in the form of a zigzag and from this zigzag the waves a and b are finished and the wave c is being formed. The c-wave...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The whole wave we counted corresponds to wave b at higher times. This wave b is formed in the form of a zigzag and from this zigzag the waves a and b are finished and the wave c is also being...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The wave we counted is actually wave b at higher times, it is zigzagged. And this zigzag is in normal conditions in every way. Wave c moves as much as wave a and is a good point for its end and the...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the previous waves, this wave that we counted is wave b and wave b is formed in a zigzag pattern. And we assume that this zigzag is over and wave c waves are formed. We are inside wave 1 of...
FTSE100 (UKX) - Technical View: Simple explanation today - Pattern wise: Came out of a larger triangle formation towards downside support areas. At this current moment of time - It is within the range of: Support: 6785 Resistance: 6830 Once broken out of the range below support levels which matches the 200 EMA as a great support area measuring the wedge...
Ftse going to go down to around 4700 ??
UKX After the pandemic drop UKX is managed to gain back some of the earlier loses incurred during the initial nation wide lock down period. After the easing of general restrictions and the hope of for economic recovery was started and UKX managed to rebound towards 6400.00 level. And the .50 Fibonacci retracement level is acting as major barrier for the bullish...
we fell below the trend line and I am trying to see if price can reject the line strong to the downside
I think that there will be a long-term correction wave in the global markets on a macro scale, in this context, I think we will observe a pattern in #UKX as I mentioned in the chart.. Markets will become very interesting after 3,4 months, we will wait and see.. What I wrote is about strong possibilities that most investors do not express or expect.. Please do...
Weeeeee (I will update tomorrow morning I’m twisted RN)