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UK100 CFD

Are UK equities in danger?First things first, let's set the scenery with some backnotes: - US equities are a ticking bomb as well - Bitcoin is stuck in a tight range and looks for the driver to lead the next move - Inflation keeps rising in the US while rumors for deflation are growing as people believe that 2008 is going to repeat again - USD Index is in a global uptrend Since we have the background, we can go into the technicals of the major UK index. United Kingdom has yet to recover from the 2020 crash which makes it so suspicious that dark clouds are being gathered above the City. However, even if the index could just accumulate some momentum and make new 2021 highs, the timing is the worst now, as the US indices are already rocketed massively. As that said, it is really likely that a rush above the supply area would be the poisonous apple that would trigger the waterfall effect afterwards. With the nearest floor being solid at 5400 - 5800 area, UK100 has surely a lot of room to fall before it can actually find some reliable support from the bulls. Time will show what's next but one thing is for sure; dark clouds are being gathered and any bullish move would be psuedo-euphoric. Take care!
OANDA:UK100GBPShort
by GeorgeZii
As requested, my idea about UK100!As @Traderwell requested, here’s my view about the UK100! Short-term, the 7072 is a support that must not be lost, otherwise, we might just lose the 7k again. The breakpoint is 7118, as if UK100 breaks this point, then it’ll aim higher levels. The danger lurking the index is the head and shoulders, a bearish pattern that has a neckline at the 7072, and the only way to avoid this scenario is by breaking the 7118. This will make UK100 seek the next target at 7217, and cancel this bearish idea for good. I would like to see the BBs to get tighter in the 4h chart before anything else, tho. For now, let’s focus on the 7072, as this is the most important line for us here. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TVC:UKX
by UnknownUnicorn21312077
10
FTSE100 Possible sell and buy setups with entrys.Good evening all, I am overall forecasting a bull move coming in for the FTSE 100 shortly... this is due to price failing to maintain the HH HL price action. HOWEVER.... We all know we trade what the market gives us which is why I always have multiple entry's for both bullish and bearish should price decide to go against my forecast. Now, every entry you see is based upon a key level, they are not just placed in random places... Of course guys this goes without saying but this is just for educational purposes and copy this trade at YOUR OWN RISK. Remember never risk more than 1% and aim for at least a 2:1 RR. Good luck for the rest of the month guys and I am also open to hear you guys forecast for the week ahead.
OANDA:UK100GBP
by Ridgy4X