Waiting for a break to confirm direction
Good evening all, I am overall forecasting a bull move coming in for the FTSE 100 shortly... this is due to price failing to maintain the HH HL price action. HOWEVER.... We all know we trade what the market gives us which is why I always have multiple entry's for both bullish and bearish should price decide to go against my forecast. Now, every entry you see is...
Pattern: Channel Up on 4H. Signal: Buy as the price is rising following a (near) Higher Low on the pattern. Target: 7120 (the 1.382 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Higher highs and higher lows are in place following a successful bounce off lateral support. Still favouring a long bias with a full target of 7050ish and SL of 6890. I am expecting some resistance around 6965 (NB NB) - I will be monitoring closely for any potential reversal. Through this crucial point, one can look to add to their longs, but a reversal here...
Traders, UK100 (FTSE 100) has been one of the best indices to trade in recent weeks and months as it has given us several opportunities both long and short side. But the bias has always been towards the long for path few months. Now that it has hit 7000 level, it has started to show some correction and this can continue to fdew lower levels as shown in the chart...
O/S RSI and lateral support = decent RR. Target = 6950 area with trailing stop
TVC:UKX symbol="TVC:UKX"]TVC:UKX Target 6,800 Stop loss 6,960
Buyers stepped in again at 6860, but this level is less likely to hold next time round. H&S will be confirmed with an hourly close below 6860. I've been bearish last couple of days and am already short - target = 6790
Personal analysis ftse 100 - Volatile movements uptrend potential to reverse. short at 6900 tp 1 - 6810 tp2 - 6650 tp3 - 6480 swing - Q2 Analysis Willows
Longterm hold small lot size - holding for the next 2-3 weeks as the UK starts to reopen i see growth! As always move SL as you secure a good amount of profit.
I had used the green accumulation zone to add to my positions - after a successful run I have taken profit on the majority of holdings leaving me net underweight. I am hoping for a dip back to the red zone where I will look to start re-entering.
Reversed off overhead resistance & RSI overbought + divergence. Trend up, but worth a small tactical short at these levels. SL = 6930
With a start of a new quarter..keep an eye on the FTSE 100. Price has been consolidating since the start of the year, trading inside value for '21. After selling off early in the year, price is back retesting 6800 yet again. A break above would be a very bullish signal, with continuation towards yearly highs a good possibility. We are currently opening near last...
Good place to re-enter new longs after taking partial profit at target 1 (6780)
Minor bearish RSI divergence has appeared on the hourly. Trend is still clearly up and full target of 6870 BUT momentum appears to be slowing. Taking some profit here on my longs and will look to add on a test of the green zone at 6780/6790.
The FTSE 100 has failed to break and close above the February 2018 low at 6536 for a number of months now. You can see the December 2020 candle and the candles for January and February 2021 traded above this level but ended the month by closing below this level. With one more trading day of the month left to go, we may well finally see that close above 6536 and...
First target reached this morning on the gap closure at 6780. RSI starting to head to overbought territory. Hoping to see a bit of consolidation before next push higher
We are currently testing Friday's channel break. Good RR levels to go long for those who currently don't have a position. Nice gap at 6780 I would like to see filled, as well as the full target of the bull flag and inverse H&S of 6870. We have seen some month end selling during the previous few months which is something to keep an eye on and more reason to keep...