FTSE trend down FTSE or Uk index has got a trend up mined down.. so for moment not yet expressed its sell it
UK100 trade ideas
UK100 rejecting bullish demand zone. Relief rally?Multi Timeframe Analysis
Hint: A massive bullis block is being tested. Upon valid rejection, take a safe long to the bearish order block at 7300
Narrative:
1. A Bullish order block is being satisfied; expect a potential rebound.. Price gravitates to such market imbalances.
2. Multiple bullish divergence signals on Daily
3. Oil rationing spreading throughout Europe. OPEC announced cutting back 2M daily production. Deeper recessions ahead. Could limit growth.
5. UK100 is capped by the 21 EMA on the Weekly. If demand zone is breached, the UK100 will fall to intergenerational lows.
6. Money flow index continues to bleed
Await a confluence signifying a rejection from the order blocks, then take a satisfying counter positions. From this juncture, we update the next forecast.
Remember: life often disrespects charts so trade with caution
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Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
-=ENTRY RULES=-
Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe
For ORDER BLOCK trades
When price reaches a bearish or bullish orderblock, ascertain the price reversal by means of
1. Dojis
2. Morning/evening stars
3. Several wicks.
4. Engulfing candles or three white soldiers in the opposite direction
5. Marbouzou in the opposite direction.
6. Break of trendline or fast EMAs
For SHORT:
4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line
For LONG:
4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line
Divergences:
The 4H, 8H and 12H chart can reveal hidden divergences on the RSI , MACD , Money Flow Index, CMFI, On Balance Volume and Stochastics. When one or more divergences manifest- be ready. Trend reversal is coming. My best practice is to wait for at least an RSI divergence on the 4H, then drop to M15 to see price shifting with a 50EMA aligned with the 4H divergence.
About me
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow ( COT data).
In partnership with capital markets research group Plazo Sullivan Roche Capital of Mahe, Seychelles
Joe Gun2Head Trade - Will the major support at 6822 hold?Trade Idea: Selling FTSE100
Reasoning: Intraday Bullish Flag on CADCHF
Entry Level: 6853
Take Profit Level: 6700
Stop Loss: 6928
Risk/Reward: 2.04:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FTSE 100 at the support levelLooks like the market at least sees the support (bottom of the uptrend channel + Butterfly D-point).
uk 100the price have broke our chanel and we are waiting for the price to retest before i can continue going up
the tp and sl is provided
please coment with your view
like and follow for more update
uk100 long nowThis market is witnessing an unusual movement and the possibility of a rise is very high
My advice is to buy
Buying UK100 at market.UK100 - Intraday - We look to Buy at 7000 (stop at 6940)
Previous support located at 7050.
Previous resistance located at 7100.
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 7150 and 7170
Resistance: 7100 / 7150 / 7170
Support: 7050 / 7000 / 6950
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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uk100 short nowThis market is witnessing an unusual movement and the possibility of a decline is very high
My advice is to sell
UK100 | SELLERS ZONEUK100 on shorter time time has been trading in bullish trend .
The price is making higher highs and higher lows.
The price has approached to horizontal resistance too.
The price has also printed harmonic pattern Bearish CRAB. This pattern is a trend reversal pattern.
The bears will take control from resistance zone .
Manage your trades accordingly.
FTSE100: Notice that time cyclesThe repetitive nature (as highlighted by the blue arrows) remains of interest.
Might we see the next leg?
The time cycles indicate it might be time.
A price action above 6900 supports a bullish trend direction.
Consolidation price range from 7000 to 7100. Crossing above 7100 might target 7300.
Keep in mind that this index is one of the best performing index on a YTD basis.
UK100 Short in a descending channelUK100 respecting the support and resistance lines in a descending channel, now retesting the resistance trend line.
Bearish indications include:
1. Bearish trend in descending channel.
2. Bearish divergence near trend line.
3. Respecting resistance test.
4. Hidden Divergence in wider swings.
Action Plan:
Short from current market level and set the TP near 6830 or first reversal sign.
UK100 Bullish DivergenceUK100 on hourly chart shows strong bullish signs. Trendline broken upwords along with support by 50EMA which is going to be crossed over by 20EMA. Also a strong bullish divergence. Take long on pull back 6900-6905 TP1 6950 TP2 6990
FTSE broke out of weekly rangeHi Everyone!✋🏽
UK100 closed below the lower boundary of the range that started to build up in April '21. It can easily fall to the next weekly breakout that is approx. the same distance as the size of the range. Every countertrend on the lower timeframe is an opportunity to go short until the start of the Daily impulse wave is taken back by the buyers on the Daily chart - currently marked as the validity zone.
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Trade safe! ⚪️⚫️
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Thanks for reading my analysis!🤘🏽
Remember that trading is a risky business.
SIZE your TRADES according to your risk aversion!
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with your highly appreciated opinion!
UK100 Analysis &Trade Plans Trade Plan A
1- A strong support area
if the price gets rejection then go for long
Trade Plan B
1- If the price breaks the
above support then go for short
at the new HH
uk100What is the UK100?
The UK100 index is a capitalisation-weighted share index that comprises 100 companies listed on the London Stock Exchange with the largest full market value. Founded in 1984, the UK100 index has since superseded the FT30 index as the foremost benchmark of UK equity.
FTSE 100 - major correction ahead?For the past year FTSE 100 price action has been trading inside a bearish rising wedge pattern following the March 2020 sell off. Price action has now completed its journey to resistance (look left) at the same time it has broken out of the wedge. The last time this occurred was in January 2020.
Currently, on the above 10-day chart, price action is meeting with strong resistance. Back in April 2015 this level resulted in a 20% correction. There’s no question about it, trading opportunities at this moment have entered a no mans land.
Is there a bullish outlook?
By definition the rising wedge is bearish and showing evidence of continuation. The majority of professional traders will not be ignoring this development, it is low risk with high probability of following through. However they can lead to false signals. For this to be one of them price action has to break through 7120 and confirm it as support. Until that happens…
Target? Closer to 5000 than 5500 with a high degree of probability.
Good luck!
WW
FTSE - UpdateFTSE has been quite difficult to plot with multi overlapping waves, however I believe that this chart may be correct in
the idea that a large A,B,C is nearing completion. Wave A was a five down, wave B a trangle and wave C in progress
a five down with wave 4 currently ctreating a triangle. Once complete wave C may complete at 100% wave 1.
Good Luck
FTSE UK equity market large top formation#FTSE large top formation.
Very important
Support 6,850.
4 lower lows.
UK under pressure - FTSE getting hammered!Trade Idea: Sell UKXGBP (FTSE100)
Reasoning: Bullish hammer from yesterdays price action has already been engulfed by overnight weakness. Medium term support around 6810 likely to give way as bearish momentum builds.
Entry Level: 6864
Take Profit Level: 6564
Stop Loss: 6964
Risk/Reward: 3:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Europe&Japan to perform better than USA from now on, 3-UKComparision of "FTSE (UKX) in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, Japan.
I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.
