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UK 100, DailyUK 100, DailyUK 100, Daily

UK 100, Daily

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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.
TVC:UKXLong
by Peet_Serfontein
FTSE sell @borisjohnsonRisking 27 for 1136 pips. It may not give up so easy but, what if, Boris, and most likely, resigns today? What’s happening at the moment in UK’s politics is like cannibalism. One cannibal gets injured and the rest turn on them and devour down to the bone. It’s difficult to survive this orchestrated attack. Look for a power struggle between the remaining cannibals. The whole thing makes no sense. I think the ship is going down and the rest will be his-story.
FX:UK100Short
by Skinwah
Lets Go Short – Double Top On The UK100Hi Traders, Today we are on the UK100 In the 4-hour time frame, we see a nice double top. My entry was the deepest point of the neckline. I waited for the price to retrace to the deepest point at the top of the resistance of the neckline. My short position opened then. I had confluence from the divergence across the MACD as well as the large bearish volume that occurred during the impulsive break of the neckline. My target is previous support which gives me a Risk/Reward of 1/2 Have a good Tuesday! The Vortex Trader
CAPITALCOM:UK100Short
by TheVortexTrader
UK100 BEARISH PATTERNUK100 CFD had broken the support of the triangle pattern that was formed on the 1H graph. The histogram of MACD indicator is still below the zero line, also confirming a bearish outlook for the instrument. If the price of the instrument continues its current movement, it might reach levels below 7040. On the other hand, if price reverses, it will most probably test the resistance of the triangle at 7350. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
UShort
by legacyFXofficial