FTSE 100 Clear trendline up, pattern formed - you could wait for daily close and see if this bearish formation comes into fluorescent. Key an eye 1. Trendline and 2. The pull back reaction (Whos in control) Trade Journal
An interesting setup may have formed on the FTSE 100 daily chart. It has seen a strong rally from its October low and since produced a relatively shallow pullback from the 7600 resistance zone. The RSI (2) was oversold on Thursday and curled higher on Friday, which closed the day with a Spinning Top Doji candle to suggest a swing ow has formed. Furthermore, the...
$FTSE - Where to next? Longer term. Here's a look of what could happen with the ftse going forward. Technical view: Got a stocks and share ISA? Take advantage of the great price points. As we are getting towards end of the year adjusting portfolio and to seek out further long term positioning. One specific instrument I have been looking at is the FTSE - Any...
FTSE100 - Where to next? Technical pattern break out to either direction! It's been my favourite trade since 2019. However, it does look a little overextended but let's see which way it breaks out towards and that's trade I will be taking short term Don't forget - Follow your trade plan! Trade Journal
Called this end of last week and it hit the exact entry zone It pays to wait
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 TP- 7300 SL - Nothing...
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 any...
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 ...
Hey tradomaniacs, 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. ----------------------------- Type: Daytrade Buy here: 7178,9 Stop-Loss: 7158,7 Target 1: 7198,7 Target 2:...
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 100 has a potential break down below 7140 which could lead all the way down to 6900s. For a entry, looking a entrancement back above 7200 with stops around 7400.
Technical analysis: 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. Trading suggestion: 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. GL
Ftse 100 looks bearish across all time frames - For short term Targets 7100, 6700