looking ahead to hit 1.42140 as UKINDEX and GBPUSD on a bullish trend.
we propose a downward move on UK INDEX and this will indicate that pairs which one side is GBP will be affected the downward move is toward 6217 and then 5990
Following the world economic recovery, FTSE is now in a bullish cycle and here's our view for the upcoming days: 1.LONG : If the price retests the lower trendline and forms back a green bullish candle on the H4 timeframe, a Long position can entered there. And when the price reaches the green doted line, an additional Long position can be entered with more...
Let's do some Wave counting on the UK100 the FTSE100 4 weeks ago, I did an analysis but it did not do that. Now once again its showing signs of another Wave 5 down. This is confusing me though. Now I'm thinking all the worlds buying stocks so will they sell the UK 100 companies? lets find out I will also use the 10 Seconds to Elliott Wave Concept to Count...
The index has broken above both the 1D MA50 and MA200 this week and 1D turned bullish (RSI = 57.795, MACD = 3.690, Highs/Lows = 85.3366) towards the 7,440 Resistance. It appears to be repeating the April - July sequence, currently being at the start of the final (and most aggressive) bullish leg. The obvious short term target is the 7,440 Resistance but in our...
Updated View On FTSE (16 Apr 2019) Back Ground: The bullish "immediate" momentum has definitely slowed. There may be pullback along the way. Watch out the region of 7,190 regions as it may act as strong support. Target(s): Neutral SHTF: It will use 7170 to 7190 as strong support region. DYODD, all the best and read the disclaimer too. Feel Free to...
This will be my views of FTSE UK 100 (Nov 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities...
UK100 seems accellerating to the downside with a strong impulse. I'm expecting a pullback to the level posted on chart for one more wave down.
This will be my views of FTSE Index (Aug 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities...
UK Stock Index Now it is at decent double top, around 7800 region and now bears are clawing back. If you have long, try to take profit for now as it can go lower for now. The immediate support is near 7720 and it may get go to 7575 level. DO NOT LONG now. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely...
Hello guys! happy new year. UK100 indice is printing a nice range here and as we can see, it's at a very important point. Break or reversal? Our 2 most important questions. AS usual, we're not the one to decide, so let's watch it and see what the market will decide in the next coming candles. As for a personal analysis, I bet for a reversal. Price is at the...
I am still sticking to my Bearish Bias for now... (I am watching other indexes as well, and US index is getting bullish, so i am watching closely) 7050 seem to be a nice resistant level for any bounce.. Trade Safe s0nic