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. by LondonTradingFloor3
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!❤️by mahdisoltaninjad5
FTSE Down But At SupportLast week we witnessed a 6.78% decline in the FTSE 100 and just a few hours into this week, price has already declined 2.81%. The major support of the daily 200 simple moving average failed to hold price up last week so we must look at further levels of support. Since May 2021 a low was formed at 6823 and has held strong ever since. There was an attempt to break this level in July and September 2021, but they both failed. Price has hit this level this morning and appears to be holding for now. If there is strong buying at this point, it should be enough to push price back to the upside, but for now, we just need to stand aside and see which direction price heads next. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime. by Sublime_Trading0
Short Term Long! UK100 / 15MForming these small harmonics on lower TFs. The buying area: 100% retracement (6972) 6959 7000 7040 Goodluck all. ULongby matejmnUpdated 0
FTSE UpdateI haven't posted for some time but I think this chart may be useful in determining the possibilities of FTSE soon entering a prolonged bear phase? Watch for a close below the 200MA to confirm. Good Luckby Geofftv1Updated 664
UK100 IN decline channelUK100 IN decline channel We expect the price to pull back to the Supply Zone where we are looking to sell and take profit at the next Demand Zone. by SedanBenzUpdated 1
Channel Breakout FTSE 100 (UK100)A well defined bullish channel with many tops and bottoms respecting the channel (confirms that the market is using the channel). Now it has a bearish breakout with a close outside the lower channel (signaling a change in sentiment from overall bullish to bearish). Selling with stops at the breakout bar high. Target is 2:1. There are many scenarios that can happen with channel breakouts. I'll be watching to see if we get stopped out and will look to re-enter on some scenarios if it breaks the bottom of the breakout bar again. There is also a possibility of one final high made before it falls. I am prepared for all the scenarios since I have studied this type of entry.UShortby kosai193
UKX | FTSE 100 (Additional 15% Drop)- The falling wedge is broken. - Break below EMA50. CRITICAL SUPPORT at EMA100/MA200 or 6959-6984. If this support breaks, the 15% drop mapped on this chart becomes inevitable. These markets close on weekends which means that this week we will have the worst close in years. Nothing new here... It is the same as with the SPX (S&P 500 Index), DJI (Dow Jones Industrial Average), NDX (Nasdaq), etc. (Check Related Trade Ideas below this post.) It is all going to crash BUT, it will recover after the crash. Consider it a "financial detox". Namaste.Shortby AlanSantana13
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?Shortby TheAceOfAltsUpdated 222
BIG OPPORTUNITY IN PLAY!!! UK100 / 3HRBig opportunity here!!! Either ABCDE bearish triangle which means we are on our way to wave E before falling to hell or clear H&S with neckline target at 0.618 area and then to complete the right shoulder at the level of 7600-650. No matter what both end up in bear land. Goodluck all...UShortby matejmnUpdated 3
+540 Pips in Vision (SHORT)+540 Pips in Vision (SHORT) As indicated in the chart, this short opportunity is ongoing and we can catch this opportunity right now. Price evolution prediction is salready simulated in this highlighted box. Wish you good trade and more $$$$$. UShortby efazilUpdated 111
1.35 trillion euros till June 2021A good analogy would be inserting a couple of mentos candies into a bottle of Coke. Then shake it for a while and you open the cap and see what happened. The carbonated drink would fizzled out explosively, gushing out from the mouth of the bottle as fast as it could. Similarly ,with the trillion of euro dollars to be pumped into the system by ECB, the stock market would also enjoy an explosive growth. Compared with SPX500, UK index still has a long way to catch up. Whilst SPX 500 still has about 6% more to rise before it revisit the peak at 3396 level, UK index has 3 times about, ie. 18% to reach 7659 level. Just watch the bullish trend line for UK index remains intact. If it breaks down (which is unlikely for this year), then this trade opportunity ceased. Longby dchua1969Updated 114
UK 100 Sell OpertunityMarket has Completed the Bat Pattern, Showing Low Bullish Volume. A general Fear is there due to Ukraine and Russia War.Shortby Afzal210
Possible Long Opportunity on UK100 According to Possible Head and shoulders in formation CCI Below Level Zero Longby winerstep1
UK100 Head and shoulders pattern?Does anyone else notice this dangerous pattern? With Russia further sanctions, two BP directors resign, and it’s just the beginning before markets will settle after recent events…. I see big sell opportunitiesUShortby Trinnisia_Trades4
UK100 looking promisingGood setup for UK100, will be looking to go long when prices comes to my marked zone...Longby KODAK_E_BTC0