This index is forming a rising flag, which might be an indication of a potential bearish momentum.
Also, according to the clients' sentiment, the majority of traders are buying the index - 72%, and I anticipate that the price might move in their favor.
My entry point is 7400, my stop loss at 7480, and my TP at 7230, as my R: R for this trade is 1:2.
Note, risk...
📈 **Trade Analysis and Setup 📊**
#FTSE100 #TradingEducation #TechnicalAnalysis
Hey Traders! 👋 Let's dive into a potential trade setup on the UK100 (FTSE 100) 🇬🇧. Remember, this is not financial advice, just educational content. 🚀
**Trade Setup:**
📉 **Long Position**
- **Buy Stop:** Adjust the spread according to your server values.
- **Entry:** 7466.2
- **Stop...
Trading Instrument: UK100/FTSE 100
Trade Type: Long (Buy Stop)
Trade Signal Details:
Buy Stop Entry: Adjust spread according to server values
Entry Price: 7466.2
Stop Loss: 7442.7
Take Profit 1: 7480.3
Take Profit 2: 7489.0
Trade Analysis:
The trade involves going long on UK100/FTSE 100 with a Buy Stop order to enter the trade if the price rises to 7466.2.
The...
Trade Signal Outlook:
Trading Instrument: UK100/FTSE 100
Trade Type: Short (Sell Stop)
Trade Signal Details:
Sell Stop Entry: Adjust spread according to server values
Entry Price: 7475.0
Stop Loss: 7497.2
Take Profit: 7452.5
Trade Strategy and Technical Analysis:
The trade strategy is based on a simple support and resistance play on the UK100/FTSE 100.
A Sell...
With U.S. traders tucking into their Thanksgiving turkey, we’re going to shine a spotlight on UK stocks. We will run through the key levels to watch on the FTSE 100 and take a look at sector strength and weakness.
FTSE funnelled between VWAP’s
When analysing the FTSE’s price chart, the first and most important observation to make is its range-bound market...
UK100/FTSE 100
Position: Long
Order Type: Buy Limit
Entry: 7458.2
Stop Loss: 7437.9
Take Profit: 7478.8
Technical Analysis:
UK100/FTSE 100 presents a compelling opportunity for a Long position, supported by the following technical aspects:
Confluence Area: The proposed entry is situated in a confluence area, combining a 4-hour Support Zone and a Bullish...
1. Swing trade looks better than the daily.
2. Daily previous low has been broken.
3. Price currently sits between the weekly previous high and low.
4. History shows price touched the previous weekly low and touched the previous weekly high. History price repeats itself.
5. I will look to go short on the 4 hr down to the previous weekly low because there is price...
UK100 - 24h expiry
The correction lower is assessed as being complete.
The rally was sold into but, the dip lower has stalled.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 7500 will confirm the bullish momentum.
We look to Buy at 7475 (stop at 7440)
Our profit targets will be 7575 and 7600...
The FTSE is giving us very corrective and sideways price action. It is difficult to come up with a reliable forecast. The sideways price action fits in a bullish as well as a bearish scenario.
Yes there you go another prediction where my structure points are always valid no mater the product... go take a look at the others and the eagle eyed will pick up some free hidden structure points when you scan the chartssss.
Here is where the BULL took over
Now is a shot down for some free money
Hello friends
A 5-wave pattern is seen in the form of a corner pattern, which is usually in the initial wave 1 or the final wave 5, and the pattern is completed.
Now we see a triangle pattern
The triangle pattern is formed in wave B or wave 4
Therefore, we are facing two scenarios
If it is wave 4, the price moves up and if it is ABC, it moves down
Therefore, we...
I'm thinking about entering a long position.
For a few reasons:
- Trading range and low in it so limited downside for bears
- Big sell climax bar, so bad short below.
- Strong buying pressure to the left, so likely buyers below protecting my stop
Downsides:
- Follow-through bar next week could run stop in one go - sad face - I'm thinking entering half a...
UK100 - Intraday
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
Short term RSI has turned positive.
A move through 7425 will confirm the bullish momentum.
The measured move target is 7525.
We look to Buy at 7365 (stop at 7315)
Our profit targets will be 7485...
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.
UK100 rise up and two circles ( Shark eyes of stock buyers ) monitor the market and we can expect a correction
in Fibo 78.6 then Buyer Shark jumps up higher to reach 8000.
Good Luck.
Today's focus: UK100
Pattern – LH decline
Support – 7375 - 7250
Resistance – 7466 - 7710
Hi, and thanks for checking out today's update. Today, we are looking at the UK100 on the daily chart.
Today's video asks if the UK100 will continue to move lower after setting up a few beach technical signs. What do you think about the reasons presented in today's video...
