Bullish Harmonic Pattern! UK100 / 1HRAcross many EU indices, we are seeing the formation of a bullish harmonic (shark).
Goodluck.
UK100 trade ideas
Bullish EngulfingBullish Engulfing on UK100, we keep our LONG position targeting the upperside of the green block. Target is calculated with the fib extension tool.
Stoploss placed below the red block.
Attention: This is not financial advice, we only share our trades on Tradingview and we do not encourage you do take action. Please always do your own analyses.
FTSE ANALYSISTHE Bulls bought strong enough to push the market at higher prices with the bullish channel so its a long swing opportunity for who trade THE FTSE INDEX
Uk100 sell ideaHoping to see a nice rejection from the fib level then hopefully a nice ride down to the last low, hitting areas of resistance from previous lows.
Uk100 Sell Setup Highs and Lows getting lower, Retesting previous low, Bearish Flag and ABCD formation
FTSE 100 - Continuing the slide lowerThe UKX ran above Jan 19 2022 highs only to reject, breaking the Feb 4 2022 low, initiating a market structure shift on the daily timeframe. Price continued to decline with Feb 24 being an extreme down day due to the events transpiring in Ukraine. I am looking for a retrace to 7280 -7360 before price continues to the down-side with Target 1 reaching for 7100, Target 2 reaching for 7000-6950 and the third and final target at 6800.
UK100GBP shortHello traders, according to my graphical analysis of UK100GBP , there is a high probability of a decline towards support level showing on the chart .
thank you for watching the analysis, it will be great when you support it with a like, follow me for more market analysis.
UK100 Golden area of sell Ftse100 is currently retracing after a very big movement to the downside. This retracement can take us up to the golden area of 7145. Here we can sell to push prices back down to the support area of 6900, if broken can take us to areas of 6575-6337.
FTSE 100 (UKX) | The best target for correction🎯Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
It should be said that this symbol has entered a new phase and this is a descending phase.
But in the definition of the previous trend, three waves are formed in a zigzag pattern, the last wave of which, the c wave, is explained.
This c-wave formed its leading waves in the form of a channel and in the shape of a triangle, and we said that this structure is completed when the purple trend line and the bottom of our channels are broken down, and this happened.
Now, based on our count, we have formed five waves, which we recognize as wave 1 or wave a, depending on the continuation of the process.
We are now waiting for the correction of this wave, which is confirmed by breaking the trend line and the green circle, and then continues to make a wave as small as the current wave.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
FTSE Down But At SupportLast week we witnessed a 6.78% decline in the FTSE 100 and just a few hours into
this week, price has already declined 2.81%.
The major support of the daily 200 simple moving average failed to hold price up
last week so we must look at further levels of support.
Since May 2021 a low was formed at 6823 and has held strong ever since. There was
an attempt to break this level in July and September 2021, but they both failed.
Price has hit this level this morning and appears to be holding for now.
If there is strong buying at this point, it should be enough to push price back to the
upside, but for now, we just need to stand aside and see which direction price heads next.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Short Term Long! UK100 / 15MForming these small harmonics on lower TFs.
The buying area:
100% retracement (6972)
6959
7000
7040
Goodluck all.
FTSE UpdateI haven't posted for some time but I think this chart may be useful in determining the possibilities of FTSE soon entering a prolonged
bear phase?
Watch for a close below the 200MA to confirm.
Good Luck
UK100 IN decline channelUK100 IN decline channel
We expect the price to pull back to the Supply Zone where we are looking to sell and take profit at the next Demand Zone.
Channel Breakout FTSE 100 (UK100)A well defined bullish channel with many tops and bottoms respecting the channel (confirms that the market is using the channel). Now it has a bearish breakout with a close outside the lower channel (signaling a change in sentiment from overall bullish to bearish). Selling with stops at the breakout bar high. Target is 2:1. There are many scenarios that can happen with channel breakouts. I'll be watching to see if we get stopped out and will look to re-enter on some scenarios if it breaks the bottom of the breakout bar again. There is also a possibility of one final high made before it falls. I am prepared for all the scenarios since I have studied this type of entry.
UKX | FTSE 100 (Additional 15% Drop)- The falling wedge is broken.
- Break below EMA50.
CRITICAL SUPPORT at EMA100/MA200 or 6959-6984.
If this support breaks, the 15% drop mapped on this chart becomes inevitable.
These markets close on weekends which means that this week we will have the worst close in years.
Nothing new here...
It is the same as with the SPX (S&P 500 Index), DJI (Dow Jones Industrial Average), NDX (Nasdaq), etc.
(Check Related Trade Ideas below this post.)
It is all going to crash BUT, it will recover after the crash.
Consider it a "financial detox".
Namaste.
UK100 - Massive rising wedge near breaking pointThe UK100 is looking very bleak for the foreseeable future. A massive rising wedge has formed on the 3D and looks to break at any point in the next couple of months.
Combine this with rising inflation and fears of conflicts in Russia, all provides the perfect setup for the UK100 to take a large pull back.
It is also worth noting that the OBV has broken down already, is the rising wedge next?
BIG OPPORTUNITY IN PLAY!!! UK100 / 3HRBig opportunity here!!! Either ABCDE bearish triangle which means we are on our way to wave E before falling to hell or clear H&S with neckline target at 0.618 area and then to complete the right shoulder at the level of 7600-650. No matter what both end up in bear land.
Goodluck all...
+540 Pips in Vision (SHORT)+540 Pips in Vision (SHORT)
As indicated in the chart, this short opportunity is ongoing and we can catch this opportunity right now.
Price evolution prediction is salready simulated in this highlighted box.
Wish you good trade and more $$$$$.
1.35 trillion euros till June 2021A good analogy would be inserting a couple of mentos candies into a bottle of Coke. Then shake it for a while and you open the cap and see what happened.
The carbonated drink would fizzled out explosively, gushing out from the mouth of the bottle as fast as it could.
Similarly ,with the trillion of euro dollars to be pumped into the system by ECB, the stock market would also enjoy an explosive growth.
Compared with SPX500, UK index still has a long way to catch up.
Whilst SPX 500 still has about 6% more to rise before it revisit the peak at 3396 level, UK index has 3 times about, ie. 18% to reach 7659 level.
Just watch the bullish trend line for UK index remains intact. If it breaks down (which is unlikely for this year), then this trade opportunity ceased.
UK 100 Sell OpertunityMarket has Completed the Bat Pattern, Showing Low Bullish Volume. A general Fear is there due to Ukraine and Russia War.
Possible Long Opportunity on UK100 According to Possible Head and shoulders in formation
CCI Below Level Zero
UK100 Head and shoulders pattern?Does anyone else notice this dangerous pattern?
With Russia further sanctions, two BP directors resign, and it’s just the beginning before markets will settle after recent events….
I see big sell opportunities
UK100 looking promisingGood setup for UK100, will be looking to go long when prices comes to my marked zone...
