UK100 Strategy 16-Aug-2022 @ 1 HR Bias: BullishUK100 Strategy 16-Aug-2022 @ 1 HR Bias: Bullish
Bulls:
1. HH and HL
2. Consecutive Three White Soldiers
3. Important Strong Resistance Broken @ 7539
4. Trend Line intact
5. Big Dip after approx 70 Days and we are still at the 45th Day
Bears:
1. Rising Wedge @4Hr and 1 Hr
Bias: Bullish
Plan A:
Buy on the dip at Support Level 1539
SL: 7492
TP 01: 7685
TP 02: 7622
Plan B:
Sell at 7461
SL: 7541
TP 01: 7380
TP 02 : 7300
UK100 trade ideas
FTSE100 - DailyIllustrated is the potential move to come based on the level above holding.
As always, trade safe.
KOG
Image
FTSE100 bearish divergenceFtse100 appears to be forming a bearish divergence and a bearish bat pattern and is entering resistance zone.
Looking at historical data it formed similar divergence in 2021 August and pulled back by 260 points (approx.).
On Monday and Tuesday we need to confirm bearish candles being formed before we short looking at profit target 7300.
UK100GBP MORE BEARISH PRICE ACTION, WATCH FOR SELL.hi traders:Here on UK100, price is forming possible continuation price action, that could lead to more bearish downside move.
i set stop entry order and the market activated.
UK100 1H Trade IdeaPrice is at the high value area and we might get an early drop on the inner trend line, however the probable trade will be at the 3rd touch of the outer structure.
CURRENCYCOM:UK100
Joe Gun2Head Trade - Fading FTSETrade Idea: Selling FTSE
Reasoning: Initial rejection at 7493
Entry Level: 7468
Take Profit Level: 7375
Stop Loss: 7498
Risk/Reward: 3.06:1
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UK100, Head and Shoulder Pattern Reversal on their cards? @ 1HrUK100, Head and Shoulder Pattern Reversal on their card? @ 1Hr,
Wait for price action and firm breach of support at 7435
Entry 7414
SL: 7500
TP1: 7368
TP2: 7319
UK100price went up and hit our QML LEVEL, im expecting a drop from the level to the previous level with little stop loss and good risk to reward. the first low of the structure is the first target and the lowerlow is the second target
UK100 1H Trade IdeaUK100 reached the 3rd touch of the structure and retraced back a bit, however it looks like price wanna create a mini double top before pushing down. Myself, I wanna see an impulsive push down and an M15 Flag before shorting it. CURRENCYCOM:UK100
Intelligent Trading Academy - FX FTM H4 SELL FTSEWe see a selling opportunity upon us. Note once price action gets to the 200 day ema we will need to trade manage proactively.
UK 100 FUTURE LOOKING FOR CONTINUATIONFTSE 100 is looking good for continuation, it is trying to break through Resistance and hold as Support.
Channel Up for all of 2021 and half of 2022. Fell out of the pattern into an Ascending Triangle and hit Target 1 and 2.
Ascending Triangle complete and Target 1 hit.
If we fail to break current Resistance we will retrace to Targets 1 and 2.
FTSE100: some upside potential?Might we see a similar price action (see the two blue arrows) - hinting to possible similar price action.
A price action above 7260 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Further trend suppport above 7330, which is close to the 200-day simple moving average.
Concern is however that the 200-day might act as major resistance.
However, the target is set at 7560.
Stoploss at 7260.
Remains a risky trade.
UK100 Bulish @ 1HR 25-Jul-22Using ADCD Pattern UK100 Showing Bullish
Possible Entry: 7250
SL: 7200
TP: 7350
Time is now ripe to short UKXNow the chart looks much clearer, there were 2 false breakdowns and if one has tight stop loss in shorting, their positions will be taken out faster than they expected. I believe is 3rd attempt to breakdown will be a genuine one.
Wait for it to retrace back to the trend line and when bearish candle emerge, short it !
UK100 going parabolic wayOANDA:UK100GBP
it looks scary on 1H chart , all green, no pause let wait and watch
FootsieI think the 50% retrace is a good target for this one
Geometry and fibs
NOT TARDING ADVICE
GRI 2022
FTSE100 Targeting A Weekly Wave 4 LowIn this update we review the recent price action in the FTSE100 and identify the next high probability trading pattern and price objectives to target
UK100 12th JULY 2022100 selected UK big companies that are components of the FTSE 100 index. Bullish trend may end this day. I see a bullish potential, the price is in the hourly resistance area. Price is possible to be bullish in the future.
LONG POSITIONBuy on Retest Confirmation for the Upside.
UK100 showing some bullish momentum
am looking for a short ter, buy
FTSE forming ascending triangleFTSE is currently consolidating in an ascending triangle with the corner converging with the edge of the bear channel. Unable to break above 7205 region which is a historical resistance area. Strong likelihood of a price drop soon.
