uk100 /USDT is Going to get a good setup for SHORT POSITION you can get this position with 0.2 LOT Good Luck & dont forget to set SL & TP
Although UK-100 Index Is Near All-time Highs, UK Economy Slips into Recession Technically, a national economic recession is defined as two consecutive quarters of contraction, and yesterday's Office for National Statistics data confirmed that this has happened — UK GDP fell in the third and fourth quarters of 2023 by 0.1% and 0.3% respectively. The Guardian...
This chart is a clear display of how markets work in simple terms. The fact is, your job is to look for repetition. Repetition directly correlates to probability, as it is your bread and butter for understanding what is next, That is also, simply, the point of price action. So when something happens so many times.. Do not be surprised if it happens again. And...
going long after the the end of the pullback came to an end the v formation was tested and held
Earlier this month, we discussed subtle cues indicating the FTSE 100's readiness to break out. Fast forward three weeks, and the index has decisively broken free from its long-term range, surging over 150 points post the US Federal Reserve's reaffirmation of its rate-cut plans. FTSE 100 Daily Candle Chart Past performance is not a reliable indicator of...
An overview of all the pairs I am looking at for this trading week. Full breakdown in the video with analysis and explanations of what I will be waiting for before executing in the markets.
UK-100 is on the verge of Symetrical triangle breakout. We will buy it on the breakout confirmation and targets last high.Our stops wil be last Lower High.
After enduring two corrections, the UK100/FTSE index appears poised for a significant upward wave, potentially leading to a new all-time high. Market analysts anticipate a resurgence in bullish momentum as previous downward corrections conclude. With these setbacks behind it, the index is primed for renewed optimism and potential record-breaking performance....
Today, the Bank of England will release key inflation data, and the British government will unveil industrial production figures, both crucial for the London index. While unfavorable inflation figures are anticipated, the British economy is showing financial resilience, propelling the index to 7,746.82 points following positive results from several companies since...
Yesterday's close on the FTSE 100 was a really good indication that the 7,743 level will likely hold. The index first breached above this level eight days ago and then quickly retraced below it. After trading below this level for a few days, we're back up above this level. This signals buying pressure paused and has since resumed. Assuming this level holds on...
Bearish nen star Bearish bat potential May be time for reversal/swing short.
bearish nen star Potential bearish bat Could this be just nice patterns on a chart? Could this be swing short?
We can see an upside move for UK100 as it is making a bullish flag. We can buy it with proper risk management.
This is an update to our analysis 3 months ago (December 18 2023, see chart below) where we called for a Resistance bullish break-out and buy on the next 1D MA50 (blue trend-line) contact: Even though the pull-back dipped some more, the index still followed our projection on a rough scale. The long-term pattern remains a Channel Up but due to some relative...
TIght ABCD which I call a Spring happens from a previous support level. Also, the level of the reaction we observe is a small gap which is an area of interest where price tends to go. Weekly is above 20 EMA, Daily as well. Stochastics is in the overbought zone as well. Now a positive entry bar is needed to confirm the entry.
I expect reversals at tp1 but if price break below we could be seeing uk100 create a deep pullback to the ‘ext’ and ‘buy’ zone
I'm seeing a pullback form on the 1hr TM. I'm expecting it to close the order blocks and retrace back up. SHORT TERM SELL. LONG TERM BUY
UK100 H4 We pushed just shy of 1R on this setup after it was shared yesterday. Still holding this at around +10 points. Slow burner but when we crack, we will crack! Expecting this setup to make its move at some point this week, patience pays.