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UK 100

UK100GBP technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 UK100GBP technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.6 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
OANDA:UK100GBP
by UnknownUnicorn3983388
UK100As you can see, price has broken the downwards channel. Price is currently heading back down to retest the channel. One of two possible scenario's will take place; 1 - Price will break through, back down into the channel and continue downwards 2 - Price will reject the channel, thus reversing the current downtrend and will begin to make moves to the upside In this current market, anything can happen. We can only trade what we see and should never try guessing. I will wait for the retest and enter a position depending on how price reacts.
OANDA:UK100GBP
by ZS1
UKX Price Action Analysis | Distribution SchematicThe Distribution Schematic #2, by Richard Wyckoff: bit.ly UK100 is currently in Phase D and has already done a Bearish SFP, which indicates a possible downtrend. This seems like a nice example of the Distribution Schematic #2 and also has a fundamental background due to #Brexit. Rest is Risk Management. Entry: 7390 SL: 7810 TP-1: 6910 TP-2: 6610 TP-3: 6360 R/R: 2.44 ‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ ‪The ideas published here are not financial advices. ‬
TVC:UKXShort
by CompositeTrader
5
UK100 - If you like big money moves UK100 delivers?When UK100 moves, it moves Big - Big Losses - Big Wins. Is your psychology right for this pair? Well it time to 'mine for diamonds' (Fib ABCD patterns). We hit a deposit. So let's fill our buckets and get out of here!! Let's see what pattern forms at this area of interest 'C'. Then, we will see if it tunnels over to 'D'. Remember - You only need a small chunk out of UK100, don't stay in too long til it starts to bite back.
OANDA:UK100GBPShort
by PortfolioBuildersClub
UK100 Look For The Down MoveHello traders, We had a strong down move in the beginning of August which we have been correcting thus far and now I am looking for that continuation down to the 6700 / 6600 range. I will re-evaluate the action in the coming weeks to assess whether or not I think this will be the complete reversal and probably the inevitable recession or back up to break and make new highs (which I think will be the case by the way). Check out some of my other ideas posted under 'related ideas' down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
OANDA:UK100GBPShort
by UnknownUnicorn852976
UK100GBP - Possible 10:1 Return Depending On Your EntryIt all starts with price action. After a loss of downside momentum we have made a new high (purple) which indicates some bullish strength. It has also completed a shark pattern at the 1.13 which is great, this shows a new high has been made, but we could be due for the pullback now, before a new high is made. I will be looking for this bearish shark to become a Bullish 5-0 on it's retest of old support (the bottom light blue zone is 5-0 buy zone) Another thing I like to see is if there is VOLUME at the price I'm looking to buy, which there is. We want to buy WITH the smart money, and they have been buying at the spot recently as well. I have also drawn the potential channel we could be in using a method I teach with three drives patterns. The dark blue line is an ABCD projection for where the possible New high could be. It is also a bearish 61.8 and Strong spot where sellers are sitting. My stop will depend on my entry signal, I'm looking for a butterfly or crab to complete in the blue zone, this could make a big difference. But 50 pips will be my maximum! I'm really looking to use a 25 pip stop. I typically go in a scalp these moves and hold them for the long term. I believe we are due for the dip/pullback because we just knocked out our previous swing low on the 1HR, momentum has shift to the downside on the 1HR. Also, keep in mind we have MAJOR MAJOR news for the EU dropping right around the time of this buy idea, which could be the catalyst we need to push price up. We are a long ways away from buy though, we need to see how price structure looks if it comes back down, things can change Enjoy
OANDA:UK100GBP
by elevatedinvestor
UK100/GBP Could aim higherThe UK100/GBP pair has been appreciating in an ascending channel pattern since the beginning of June. The pair reversed north from the lower boundary of the channel pattern at 7088.8 on June 3. The 200-hour simple moving average was providing support for the pair at 7481.0 during the morning hours of today's trading session, while the 50– and 100-hour SMAs were providing resistance at 7539.1. Most likely, The UK 100 index could continue its upward swing during next week's trading sessions. The potential target for bullish traders would be near the weekly R2 at 7640.2. However, the resistance cluster formed by the 50– and 100-hour SMAs might provide resistance for the pair in the nearest future.
OANDA:UK100GBPLong
by UnknownUnicorn890690