FTSE100 has activated a second impulse structure with price target at 7196 that is +9% from current level.
In this Wave Revision video I explain how this market already topped back in 2018. It is very interesting to note because next I will be revisiting the pound to see exactly what is going on there. A break of 6242 should provide the first clue that Wave 2 is complete. A break of 5511 will provide further confirmation that Wave 3 down is in progress. Please ...
It's a pair I've trading within the indices that I have had great return this yr - great momentum trend towards it and with Brexit drama going on too, it has has great volatility. Fun fact: When the first lock down occurred earlier this year in UK...A family relative was intrigued about me being a young trader - I had advised a distant family member to watch out...
First time breaking down this market, I want to further illustrate what we are seeing in global markets. I will link related ideas below. In this video I explain this pattern in official AriasWave terms so you can see how we differ from other forms of analysis. The move up since the Great Depression is a TYPE-2 ZIG-ZAG and we are seeing Wave v of an ending...
View from New Zealand, NZX Top 50 ETF (FNZ) vs. Australia (OZY), USA (USF), Europe (EUF), UK in The City of London Investment Trust (TCL on the NZX, CTY on the LSE) and the UK FTSE 100 Index.
In AUD Australian Dollar terms, all ETFs listed on the Australian ASX: the Australia market (IZO) vs UK FTSE 100 (F100), Europe (IEU), US S&P 500 (IVV)
The UK FTSE 100 vs. GBP ETFs for the US market (GSPX), the Europe EMU market (CEUG), and the Australia market (AUGA) - since the pandemic plunge.
Why get subbed to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates UK100 D1: BEST Level to SHORT IT +15%/+30%...
Hello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few weeks to...
Trend(Daily/Weekly/Monthly): Up/Up/Up Depsite the selling in US futures, #FTSE remain resilient. But as the heading says, price is overextended. A pullback before further up is healthy. I will be looking at 6495-6507 and 6583-93 these 2 zones today. Possible scenarios: 1) Price opens in RTH, rally to 6583-93 and fail, goes down to 6495-507. Watch for...
FTSE 100 cleared out the June peak at 6511 and holds gains this morning - a close at post-pandemic highs today would be bullish and calls for return to 6850 area, big multi-year Fibonacci level and early March swing high failure zone. Fundamentals are looking much more positive on UK equities now. As per Goldman Sachs this week the UK is a ‘buy’ is fast becoming...
FTSE 100 reaches 9-month high on Brexit and vaccine optimism
FTSE100 is consolidating just under important resistance that lies around 6500. I believe this resistance will be broken to the upside and UK index could see a new all-time high. A buy around 6400 would be ideal for this anticipated break and, with a 100 points SL could easily reach 1:3 R:R
Hourly close below 6305 confirms bearish double top
We are still waiting for the anticipated drop in FTSE100, Let's hope it happens.
Here we are more or less back to square one as to where we were in July and testing away at the resistance. Buyers are showing a lack of tenacity! If after the Brexit fact (does not really matter if its a deal or hard brexit deal) we can see the possible outflow pressure really start to make itself felt. The strong counter here should immediately come under...
We see FTSE 100 stuck on resistance and unable to break over. Drop is inbound (or at least that's what we think here)