UK100 trade ideas
UK100 21st JUNE 2022London's UK100 rose on Monday, boosted by gains in financial and energy stocks. London's main share index fell last week on escalating worries about a recession and bets of bigger interest rate hikes after a cautious raise by the Bank of England.
FTSE 100 Open - 20 June 2022 Interesting to see the opening move from the FTSE 100 20 June 2022 . :P
UK FTSE 100 - Monthly Cypher Harmonic - June 2022Drawn the technical's of what technically is a Cypher Harmonic. Will it happen? Possibly. At this moment of time its less probable, closer to time the more probable . Fun though. Nice to have a plan.
Short Opportunity on UK100 According to A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall.
Divergence on CCI
UK100 - Pump 15 June 2022 - Possible Descending Triangle Non bias, a possible descending triangle forming. Take care to know your support and resistance levels.
FTSE 100 Trend Reversal - Support Resistance Levels - June 2022Nice trend reversal surpassing a daily resistance (1st blue line from bottom) into daily resistance (2nd blue line above price). Interesting to see if we can hold.
idea on a zone I am looking at this idea if we get a retest on the 61.8 fib rejection. Lets see what happens just watching this pair.
Bearish UK100 D1Just from my technical analysis I see a bearish movement is the works for many of the indices. But for now I'm covering the UK100. the UK100 has hit a quadruple top so it needs some thing to help it breakout so that would be the rat decision next week and the CPI on Jun 22 2022. Boris Johnson no confidence vote could have been a bearish catalyst so lets see where that goes. So for now I'll defer to the technicals. Does the UK100 follow Sell in May and go away ? tell me in the comments.
I have an entry @ 7549 SL @ 7775 my 1st TP @ 7290 and 2nd TP @ 6980.
UK100 13th JUNE 2022100 selected UK big companies that are components of the FTSE 100 index, only 9 stocks record gains, while 91 stocks losses and 1 stock traded unchanged. Bearish trend may end this week. I see a bullish potential, the price is in the weekly strong support area. With a tail tolerance of 4.3% below the support area. Price is possible to be bullish in the future.
Jamie Gun2Head - Buying FTSE 100Trade Idea: Buying FTSE 100
Reasoning: At daily support, looking for a correction higher
Entry Level: 7233
Take Profit Level: 7431
Stop Loss: 7152
Risk/Reward: 2.44:1
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uk100 case study and analysis uk100 case study and analysis on live trade and backtesting on some reasoning
FTSE100 triple top sell signal could see a -5.80% sell-offThe FTSE100 chart has seen a triple top pattern generating a sell-signal. Trend reversal and sell-signal has can be defined also by knowing the candlestick patterns, evening star and bearish engulfing marubuzo that has tested the Tenkan line technical level, minor support. On another technical level, the FTSE100 index has generated consistent top-out reversal SELL SIGNAL, on these levels FTSE100 7621 point of control, FTSE100 7602 point of control, FTSE100 7561 point of control and FTSE100 7471.69. The next point of control are FTSE 7380 and FTSE 7200, drifting straight on the Ichimoku KIJUN LINE. Overall drift lower could be -5.80%<-6.0%
INSTANT SUPPORT & RESISTANCE LINES USING FIBONACCIThis setup is for all traders in a genuine hurry, or ideally, for the novice trader who is unsure of where support and resistance lines should/could be placed. This idea cements a rough (but good) placement of support & resistance lines on your chart instantly by selecting the highs and lows with your Fibonacci retracement tool (once numbers below are exactly plotted in to the tool itself).
It's useful for all tradable assets and all timeframes. This example shows likely daily support and resistance zones.
Note the Fib numbers are to the left on the chart* - set your fibonacci up just like this and save as 'Instant Fib Support & Resistance' in your Fibonacci template for super quick and super easy support & resistance lines.
#Fibonacci #Supportandresistance #eduactional #educationalpost
*Numbers setup in Fibonacci retracement tool as:
1.875
1.75
1.625
1.5
1.375
1.25
1.125
1.0
0.875
0.75
0.625
0.5
0.375
0.25
0.125
0.0
-0.125
-0.25
-0.375
-0.5
-0.625
-0.75
-0.875
-1.0
Reverse Head and Shoulders - Beautiful ThingThe funny thing about this trade to me was how I traded this so wrong and absolutely got, well I traded this wrong. To read the very next day from a book so close to me about trading. Doh, reverse head and shoulders! And what's even more fun, is the failed reverse head and shoulders (not depicted here). Got me twice. :) Wont get me again. This was the UK100 15 minute.
Possible Trend Continuation - FTSE Possible trend continuation from a downside revived from a Bullish Gartley Harmonic. Interesting to see if the trend continues. <3
FTSE - Gartley Harmonic & Beyond? I believe a fulfilled Gartley on the FTSE. Possible trend continuation. Interesting, S&P which (that) I drew (drawed) .. Seems to be following. Lets see, S& P to follow.
Elliott Wave View: FTSE Next Bullish CycleShort Term Elliott Wave View in FTSE suggests rally from 3/7/2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 3/7 low, wave (1) ended at 7669.56 and pullback in wave (2) ended at 7159.19. Internal subdivision of wave (2) unfolded as a double three where wave W ended at 7339.53, wave X ended at 7619.39, and wave Y ended at 7158.53 which completed wave (2). Up from there, wave (3) is currently in progress as another impulsive 5 waves in lesser degree. Index still needs to break above previous peak wave (1) at 7669.56 to confirm the next leg higher has started.
Up from wave (2) low, wave ((i)) ended at 7538.68 and pullback in wave ((ii)) ended at 7228.67. Index then resumes higher in wave ((iii)) towards 7648.26, and dips in wave ((iv)) ended at 7529.23. Expect the Index to soon complete wave ((v)) higher which should end wave 1 in higher degree. Then it should pullback in wave 2 to correct cycle from 5/12/2022 low (7159.19) in 3, 7, or 11 swing before the rally resumes. Once the Index breaks above wave (1) at 7669.56, it should open up a bullish sequence from 3/7/2022 low with a 100% – 161.8% Fibonacci extension target of 8039 – 8582.
UK 100 INDEXThe Price Was in Up trend for Many Days So I expect That The price will go on the previous trend after a simple correction.
