FTSE100 - Bullish long-term setup and the possible Nest- Possible Nest configuration with a double 1-2 of different degrees
- Regular Flat correction in wave 2 Sub-minuette
- Leading diagonale in wave 1 Micro and double Flat WXY in wave 2
- Price actually trying to cross the EMA's and to consolidate above them
- Breakout and consolidation above the ATH would let the market go!
Next important long term target around 12.000 area and invalidation level @ 3460.7
F T S
Friendly. Trading. System.
UK100 CFD
FTSE - Sell Signal 📉Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
This isn't one of our main timeframes, but I'll be doing more testing on the H2 chart over the weekend.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
UK100 H4: Market BUY now TP +350 points(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
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-Key S/R levels
-No junk on my charts
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UK100 H4: Market BUY now TP +350 points(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: UK100 H4/candle chart review/outlook
::: speculative XABCD setup in progress
::: market BUY/HOLD TP +350 points
::: 5% upside in this market mid-term
::: sellers will come later from overhead
::: valid TP BULLS is 7050
::: recommended strategy: BUY/HOLD TP +325 points
::: SL below recent lows
::: low risk setup / bounce very likely now
::: just buy/hold low and get paid
::: do not expect fast/miractle gains
::: swing trade setup requires patience
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
UK100- Expanded Flat patternIn the 240-minute chart, due to the 5 descending wave movement to the range of 6315, there is a scenario that, we encounter 5 more downtrend waves. The corrective movement of these 5 waves have been completed in the range of 6793 and the first wave from point 3/C has been finished in the range of 6535. In wave 2, the Expanded Flat pattern is formed.
By break down of the downtrend line in the 60-minute chart, hopefully, we can expect the continuation of the downtrend with 6150 targets.
uk100 short ?i started this pair today and i think this is the bias for the next day what do you think guys.
UK100 - Further UpsideUK100 has been steady moves to the upside. It has broken out of a correction and making its move back up now.
UK100 - Further UpsideUK100 has been steady moves to the upside. It has broken out of a correction and making its move back up now.
UK100 Pullback gives opportunity for long on 4hr chartUK100 index has been moving in an up trend for many weeks!
Please see below rationale for the long position:
1) Long term price is to the upside - Daily & Weekly Charts
2) Price bounced back into 200 EMA (4hr chart) - Red line
3) Near term price action prompts upside - Black line drawn (still indicative rather than a conclusive trend line)
This will be a hold for more than a couple of days, therefore size accordingly. Risk management rules!
Hope this contributed to your idea generation and pip hunting activities!
Keeping it simple! Looking at the bigger picture!
FTSE 100 Looking For Long After RetraceThis is making a retrace after spiking 3 days ago. I am looking for an entry around 0.5 Fibonacci as this aligns with some previous resistance although it is best to wait for confirmation as it could drop further. Once we see a rebound target will be at a new high and where it will meet resistance of 7004.
FTSE Long bull case and swing trade + breakout in April?After the bear channel was broken, FTSE arose and the up trend on daily chart. I believe FTSE will be testing support in the upcoming week and is bound for breakout in April.
FTSE Enter Long on RetraceFTSE 100 has had a big push higher, want to see a retrace before entering a long. Once it peaks on the current spike look for retrace to around 0.382 Fibonacci for entry. I have set target at a new high of 7004.4 although there will likely be some resistance at the previous high so can also take profit there and re-enter on the retrace from there.
GBPUSD Buy BiasHigher lows created & massive uptrend. Want a price to fill this gap and raid these daily highs, capture as much liquidity as possible then enter around the pullback to these equal highs.
£ showed strength towards the end of last week. Fundamentally intact with over 12 million people getting their first covid dose, UK on road to recovery? Let's hope so!
Aston Martin Retrace Made, Time To LongThis has been playing out perfectly to my expectation in my previous ideas. Now it has retraced to find support this should rise to break the previous high. May drop a touch more but an entry here will be good. Mood on this is still very bullish as can be seen on MACD across timeframes. Target is 2849, then a retrace should be expected from there.