With the fall in oil prices and everyone talking of a Bear market taking place think there is more to come to teh downside. That said in the bigger picture a bullish cypher has form all the way to point C bang on the nose to each point, we could see the lows to Point D in the coming weeks All imo of course
FTSE 100 another scalp tonight simple setup up low risk
Hi guys first trade ive put up on here. just testing out my strategy. ENTRY@ 5898 Im a young trader tomtrader.
Technical analysis of UK100: Bearish sentiment forecast to continue based on bearish channels and EMA resistance. Target RRR 4:1.
A Break below key support levels will indicate a strong sell. It is fairly amazing to see the timings of the boom & bust cycle in the FTSE 100. There is a 7 year difference between 2000 to 2007 peaks before the crash. Yet again there is a peak we can see in 2015 this time just over 7 years from 2007. Currently the market has breached many support levels and we...
I believe price will rise to hit the ascending trend line and then it will retrace back lower to hit the target. simplicity is key i guess. Any constructive criticism/ opinion is appreciated
Potential Eve and Adam double bottom on the FTSE 100 UK index. Entry level: 5887 Target level 1: 6103 Target level 2: 6315 SL: 5850 R/R ratio: 6 (Target Level 1) and 12.2 (Target Level 1) - / - / - / - / Conservative entry level: 6013 (double bottom confirmation price)
Why not - it will be first time I trade this, but forex is forex :)