Morning traders we start the week with an UK100 trade.
Trade details for current trade are shown on the chart.
Trade has been live since 7:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line...
Like many other Businesses that were positively impacted by the Pandemic OCADO was clearly one of them .
This UK Stock is a must have in any portfolio, what the Internet done to Blockbuster is what
Ocado will do to the Supermarket eventually.
March 2020 OCADO begins to break out and establish a Bullish Trend and prints fresh ATHs during Sept,
followed by ...
Without question DARK is a stock to be following in the world of AI and Cyberattacks
which seem to be all we read about just lately See WEF for enlightenment .
Technically we are sitting in the middle of a ascending channel
which we have been trading inside of since June .
I have drawn some levels using FIB to provide some areas of support and Entry if
Stocks getting hammered with this risk off mood and although it might not be the time to go bottom picking, I certainly don't want to miss out on this dip. As things stand, the UK is set to open up in the coming weeks, vaccine roll out continue to be a success, and therefore I am adding some FTSE100 to the list of things to buy.
Long - 7030
SL - Nothing...
welcome to another free signal!
How to trade: 1. Wait for the break through the trendline and see if we bounce off after retest.
2. If we reject at the trendline and see a S&R-FLip we can buy.
Buy here: 7178,9
Target 1: 7198,7
After Jan 19 the priceline of FTSE100 GBP is hitting the support of up channel.
The price action has also support of 100MA and 200MA.
There is also a golden cross formation expected beneath the candle sticks which will produce a massive bullish divergence insha Allah.
I have used Fibonacci sequence for sell targets as below:
Sell between: 650.3 to...
FTSE is in a downtrend, and the continuation of downtrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 45.
The price is still in a downtrend and we forecast the downtrend would continue.
There is possibility of temporary retracement to suggested resistance...
Tracking this exhaustion leg like a hawk as we see inflation continue to cause problems in the UK, especially to companies with a lot of sterling exposure.
Not hesitating to pull the trigger at all as the downside is wide open, as soon as we see BOE hike that will be game over... Carney starting to realise the ship has already sailed.
on this chart,
I have drawn, important weekly and daily support marked by green line.
Then I have drawn a parallel channel ( almost, a bit modified due to price fulucatations ) which displays the price reaction points.
My view is that FTSE would rise,
and touch the upper trendline.
I have also posted instructions on the chart itself.
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...