UK100 FTSE Technical Analysis and Trade IdeaIn this video we focus on the FTSE UK100, however, the US100, US30, UK100, and DE30 are analysed to find a common theme between these four instruments. The stock markets have traded into key support levels and have been rangebound for some time. We are now seeing some bearish momentum evident in the charts. The trend, price action, price gaps, market structure, and a potential trade opportunity are covered. It is important to note that this is not financial advice and is meant for educational purposes only.
UK100 trade ideas
Is the FTSE 2 year corrective rally coming to an end?The corrective rally since the 2020 low could be a 2 year triangle or rising wedge which is currently testing support. Interest rate will continue to rise and growth forecasts are being slashed. Returns from stocks will be lower than expected and a recession is highly possible.
FTSE 100Ftse 100 is on a bull run trading above my Resistance 1 level. The RSI does show that the index is stretched and there may be a divergence in play.
FTSE100 - SHORT SETUP!FTSE100 heading into strong resistance. Head and shoulder formation what lines up with fibonacci sniper levels on 1D chart. Price is very close to historical highs and also making double top formation on monthly chart.
FTSE to breakdown from a wedge?UK100 - 24h expiry -
Previous support located at 7740.
Previous resistance located at 7800.
We are trading close to the end of an ascending Ending Wedge Formation.
We expect a reversal in this move.
A move through 7740 will confirm the bearish momentum.
We look to Sell a break of 7740 (stop at 7820)
Our profit targets will be 7560 and 7550
Resistance: 7800 / 7820 / 7850
Support: 7740 / 7700 / 7550
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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rising wedgeready for the breakdown?
central bankers now control the bond market
and the equities market.
get ready for the controlled demolition.
Trees do not grow to the moon.
Potential further gains for the UK100The FTSE seems to be building higher, thanks mainly to major gains in oil corporation Shell after 1st quarter earnings update. China serivce sector is showing growth which helped its boost. 1st potential target 7766.20, 2nd potential target 7791.30
uk100 shortadding up to the previous idea on uk100 which didn't play out as I forecasted, so new idea after price tested resistance at 7636 i will shorting tp @ 7465.9 sl @7655.5
FTSE 100 AT MAJOR RESISTANCEFTSE 100 has reached a major resistance after the breakdown that we called around a month ago. We are looking for a reaction at this level to possibly go short and we will updated if we take that position.
FTSE 5-3-5 pattern Out of all the indexes the FTSE one has the cleanest looking 5-3-5 pattern. Perfect ABC to the vwap from top. A pivot here should start another long 5-wave down. 5th wave extension will cover the most ground on capitulation.
FTSE H1 7715 Target Hit, What Next?In this update we review the recent price action in the #FTSE an identify the next high probability trading opportunities and price objectives to target
uk100 shortprice has been ranging between bottom resistance @6780.2 and top resistance @7917.9 on a daily timeframe. 0n the 1hour timeframe there is a small resistance at 7636.6 which price retested in an ascending channel. On the 15min there is a flag which I'm using as entry with stoploss at 7661.7 and take profit at 7465.2
UK 100 ANALYSISThe Leading Diagonal was done when the market hit a record high of 8052.93 on 13 Feb 2023. On the weekly charts, the market closed with a strong Bearish Pin Bar indicating early signs of change in market psychology and a rise in selling pressure. The risk is to the down side.
FTSE SND Concepts Break of SupplyAt the M30, The FTSE looks bearish to 7250 and 7169.4 for a bias of 7014
FTSE H1 Trading The Correction Targeting 7715In this update we review the recent price action in the #FTSE and identify the next high probability trading opportunities and price objectives to target
FTSE100 Bottom formed. Buy opportunity.FTSE100/ UK100 is forming a Bottom on a 1 year Support Zone. The RSI is also bottoming out.
Target 7820 (+8.70% rise0>
Follow us, like the idea and leave a comment below!!
UK100GBP(FTSE)British stock market index
As you can see, the British index returned to the upward trend in the one-hour time frame with the support of 7350, it can rise to the resistance of 7600, and if the number 7600 to 7639 is broken, the upward trend will continue and rise to 7900, but if it cannot break 7600, the downward trend will continue.
Buy
7569
7640
7710
7900
sell
7500
7410
7336
short FTSE under 8000, double top+ evening star on monthly The monthly is heavy it will print bearish
Failure of 8000 is a major event, even though its a busy chart
The trendline is 2 points right now; follow PA on monthly/weekly
uk100 trade idea
not financial advice. no trade taken at the moment
this idea is taken by fibs and possible retracements. any questions ask below
FTSE Update Pre BOEHey Traders,
The FTSE has been wildly moving between extremes.
We can now look further at key PA levels.
Watch for more.
FTSE 100 | UK 10 | DECRYPTERS Hi Welcome to Decrypters
Simple reasons to Buy
Liquidity Raid
Fib retracement
Weakness in Forex Pairs
Daily 200 EMA
Can it move up when rates go up?Interesting spot
- I think that the footsie 100 could go when yields are going up again.
- Levels are tested and looks like false breakdown.
- Indicators are bullish too.
