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Ukx_tradingsetup

FTSE 100 (UKX) | The best target for correction🎯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, the c wave, is explained. This c-wave formed its leading waves in the form of a channel and in the shape of a triangle, and we said that this structure is completed when the purple trend line and the bottom of our channels are broken down, and this happened. Now, based on our count, we have formed five waves, which we recognize as wave 1 or wave a, depending on the continuation of the process. We are now waiting for the correction of this wave, which is confirmed by breaking the trend line and the green circle, and then continues to make a wave as small as the current wave. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:UKX
by mahdisoltaninjad
FTSE 100 (UKX) | Best point for sell🎯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 inside wave c. Wave c itself is formed inside a channel or a triangle, and from this pattern, waves 1, 2, 3, and 4 are completed, and now we are inside wave 5. Wave 5, like the other waves of wave c, was in the form of three waves, and of these three waves, the last wave did not end, and the end of this wave is confirmed when the red circle or trend line is broken. We do not know the amount of correction at the moment, but it is possible to correct up to around 6550. If the warning signal range is broken upwards, wave 5 is larger than wave 3, in which case we have to re-examine the waves. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:UKXShort
by mahdisoltaninjad
FTSE 100 (UKX) | The best places to start a 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. From wave c, the microwaves 1, 2, 3, and 4 are formed in the form of a channel or triangle, and we assume that wavelet 5 is in wave c, and this wave is around Fibo 1.00 relative to wave a, and probably a sideways process for roofing is formed in this range. . Either in the same range after the formation of the other two waves ends or after colliding with the upper side of the channel. The descent will be confirmed when the channel floor and the red circle are broken. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:UKXShort
by mahdisoltaninjad
2
FTSE 100 (UKX) | The best places to start a 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. 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 formed. From wave c, the microwaves 1, 2, 3, and 4 are formed in the form of a channel or triangle, and from the last wave, wave 5, one ascent to the rest of this ascent can be at the end of its process or it can continue up to Fibo 1.00 for wave c and then with Break the bottom of the designated channel to start the downward waves. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:UKXLong
by mahdisoltaninjad
UKX Another drop is imminent as BREXIT deadline is approaching 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 trend. As the deadline for BREXIT talks nearing the positive and the negative statement from both the parties will heavily weigh on UKX index. I am expecting that it will fall towards the Lower channel trend line where it will meet 5500.00 level which is a .786 Fibonacci level. We can see a series of Higher low lower low and lower high pattern which is a clear sign of bearish trend. As the risk off mode kicks in the market the Global indices are eying the south
TVC:UKX
by forexorbit
#UKX ANALYSIS.. FOLLOW THE PATTERN!.. 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 your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
TVC:UKXShort
by OguzhanSengor
2
UKX approaching resistance, potential drop!UKX is approaching our first resistance at 7009(horizontal swing high resistance, 38.2% & 50% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6746 (61.8% Fibonacci retracement , 100% Fibonacci extension, horizontal swing low support) Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:UKXShort
by FlowState
1
Decline and bounce at 7280For today I am looking at resistance at 7385 where we have the Hull moving average on the 2 hour chart. This is looking decidedly bearish now after that drop yesterday, though has in fact been showing a bearish trend since Tuesday - hence my constant repeat of "sell the rallies" this week. Like a broken record! Above this resistance level then 7442 is the top of the 10 day Raff but with the current backdrop it might struggle to reach that level (it might struggle to reach 7385 today too!). So, as its still bearish, that leads me onto the next level I am looking at which is support at 7279 - this is showing as fairly key as daily, weekly and monthly support. If the bears break then 7100 is pretty possible in fairly short order. The bottom of the 10 day Raff for today is 7270, and the 20 day is slightly below that at 7265. With the bounce from the 7305 low, we are just above the bottom of the 2 Bianca channels for today, support from them at 7327 and 7338. Could well be a dead cat bounce though.
TVC:UKX
by hilsdentrading