UK100 is approaching our first support at 6609 (61.8% fibonacci extension, 61.8% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 6906 (100% fibonacci extension, 50% fibonacci retracement, horizontal overlap resistance). Stochastic (55,5,3) is also approaching support and we might see a...
Key levels to look out for when analysing UK100.
UK100 is approaching our first support at 6669.3 (61.8% fibonacci extension, 50% fibonacci retracement, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 7000 (100% fibonacci extension, 61.8% fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is also approaching...
UK100 has bounced off its support at 6675 (50% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 7152 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) has bounced off its support at 8.7% where further rise could occur.
UK100 is approaching our first resistance at 6915 (100% fibonacci extension, 50% fibonacci retracement, horizontal overlap resistance) and a strong drop might occur below this level pushing price down to our major support at 6685 (50% fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is also approaching resistance and we might see a...
twice the ftse closed greater than my 10 day extreme calculation, reverting price back to the mean on the BB. Long 2 clips
UK100 is approaching our first support at 6685 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support, descending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 5949 (100% fibonacci extension, 50% fibonacci retracement, horizontal pullback resistance). Stochastic (89,5,3) is...
UK100 is approaching our first support at 6920 (61.8% Fibonacci extension, 78.6% Fibonacci retracemen, horizontal swing low support) and a strong drop might occur below this level pushing price up to our major resistance at 7205 (100% Fibonacci extension, 38.2%, 50% Fibonacci retracement, Horizontal overlap resistance). Stochastic (34,5,3) is also approaching...
UK100 is approaching our first support at 6920 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 7220 (100% Fibonacci extension, 38.2%, 50% Fibonacci retracement, Horizontal overlap resistance). Stochastic (89,5,3) is also approaching...
UK100GBP is approaching our first support at 6921.2 (horizontal swing low support, 78.6% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 7225.1 (horizontal overlap resistance, 38.2%, 50% fibonacci retracement, 100% fibonacci extension). Stochastic (89,5,3) is also...
UK100 is approaching our first resistance at 7225 (horizontal overlap resistance, 38.2%, 50% fibonacci retracement, 100% fibonacci extension) and a strong drop might occur pushing price down to our major support at 6921 (horizontal swing low support, 78.6% fibonacci retracement, 100% fibonacci extension). Stochastic (34,5,3) is also approaching resistance and we...
Very good opportunity to hop on the trend. Resistance becomes support previous High. Bullish on equities. 38.2% fib retracement. Target1 retest of structure T2 127.2% fib extension. 4H 2618 trade double topped with break of structure + retracement. GOOD LUCK
FTSE100 weekly cypher formation. High probability setup for long entry. Trend continuation. 38.2% 50% FIBs. RSI oversold on Daily. On weekly sellers are having the control. Previous resistance becomes support approaching from the upside. Good Luck
TREND CONTINUATION INVESTORS WILL SUPPORT THE UP MOVE. RSI OVERSOLD + SIGNS OF CORRECTION
FOREXCOM:UKXGBP This uptrend is a charm.
BULLISH CYPHER PATTERN Took a break from the long term analysis. Now looking at opportunities for the coming few weeks. The first one I'm looking at here is a bullish Cypher pattern which has already complete and we are well on our way to hit the first target of this type of pattern which is the 38.2% retracement at 7399 then the second target which is at 7472....
Long FTSE 100 @ 7273; TP @ 7419, SL your choice