FTSE Trading The CorrectionIn this update we review the recent price action in the FTSE and identify the next high probability trading opportunity and price objectives to target00:55by Tickmill3
FTSE 100 , GLB BO , Thoughts ...Spy just broke of its bear trend with its first higher high on Feb 1st as it broke above the Dec 13th high , similar story for QQQ which ended its bear trend on Jan 22nd , slightly stronger. While this is great , the FTSE has actually managed to close at an all time high . In addition to that France and German 40 indexes are also exhibiting strong RS . The general theme is that Europe is outperforming the US significantly at this time , yet, the net short levels are also very high still (according to Daily FX data I like to track) . I could not find a FTSE 100 etf that matches the index , if you know of one please let me know the ticker . That being said EURL looks like a good way trade it . by NAK19870
UK100GBP Bearish Divergency / Resistance Zone,DOJI candle SHORTHi Investors and traders, This idea is based on a support/resistance zone with technical indicators such as RSI see bearish divergency formed and 1D Doji candle . In addition with unemployment data being published and overall look of the oversold market and signs of recession I am opening a short position, please do not take it as a trading advise it's just my idea :) The s/l above the red zone and t/p at support as shown, 2.8 profit ratio! Shortby lb-countsUpdated 550
Ukx New HighsThe ftse 100 is in a bull market It made new closing highs I think it will hit 8k then pullback Mid term target is 9k GRI 2023by Great_Reset_Investing2
UK100 D1: TP +500 points BEST Level TO SHORT IT(SWING/TP)Why get subbed to me on Tradingview? -TOP author on TradingView -2500+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! UK100 D1: TP +500 points BEST Level TO SHORT IT(SWING/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: trading near range highs ::: risk/reward shifting in BEARS favor ::: distribution in progress on daily TF ::: maxed out already / will re-test MID RANGE ::: SHORT IT near market / short rips / rallies ::: expect pullback/correction mode SOON ::: BEARS will target re-test of MID RANGE ::: maxed out / overbought conditions ::: BEARS will take over from overhead ::: expect limited upside going forward ::: SHORT IT near market Target is 7100/7200 ::: TP1 +250 points TP2 +500 points BEARS ::: Conservative TP BEARS is 7 100 points ::: unsustainable gains, pullback incoming ::: distribution at the TOP setup ::: spells MAJOR trouble for the BULLS ::: BEARS taking over from overhead S/R at 7850 ::: expecting CORRECTION to last next 2-4 weeks ::: distribution at the top in progress ::: will lose up to 10% during pullback/correction ::: There is no upside in this market now ::: Get out / trim exposure / or SHORT IT ::: RISK/REWARD shifting in BEARS favor ::: into BEAR mode soon ::: either way setting up for 10%+ correction ::: 2-4 weeks of correction incoming soon ::: better be prepared in advance ::: when there's GREED there's also PAIN ::: good luck traders 🔸 Supply/Demand Zones ::: 7850 supply zone triggered ::: 7100/7200 fresh demand 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment: BEARS/BULLS GAME OVER ::: Sentiment outlook short-term: BEARISH /CORRECTION RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.UShortby ProjectSyndicate353585
ANALYSE THE MARKET LIKE A PROUK100 is an uptrend from the daily chart, we can see an established up trend already and it will be good to join the flow, but not untill we have a pullback into the trend line and price bounce off the trend line then we become buyers, but if price breaks and close below the trend line might change our bias .Uby tunde4u3601
FTSE 100 simple look. The UK 100 index is making a correction. The price has the potential to break the trend line and continue to new highs. Or does it want to reach the daily resistance zone? by forex_member1
Sell DT rising wedge, top of channel4 hour price is at top of channel, 30 min double top and rising wedge. Looking to sell short, target 1 yesterdays close, target 2 yesterdays low.Shortby jtkd1
FTSE Potential for Bearish DropLooking at the H4 chart, my overall bias for FTSE is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell stop entry at 7724.1, where the recent low is to ride the bearish momentum. Stop loss will be at 7811.8, slightly above where the 50% Fibonacci line is. Take profit will be at 7620.5, slightly below where the 38.2% Fibonacci line and where the overlap support is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets0
FTSE100Analysis on the monthly has given us a bullish bias on this index. Looking at the daily we are being patient and waiting for price action to provide us an entry to go long around the POC/VAL levels.Longby TradesOTFuture2
FTSE100 Trading The Bullish SequenceIn this update we review the recent price action in the FTSE100 and identify the next high probability trading opportunities and price objectives to target01:19by Tickmill2
UK100GBP Falling Wedge 1H pattern SHORTHi again, this is a continuation of my earlier analysis posted on 17th Jan'23 as I have moved my s/l to the opening position of the trade, see the 1h chart with this falling wedge pattern forming chances 70% the price will hit the target as marked surprisingly being the target I'm going for, Remember- this is not a trading advise it's just my idea, always protect your capital, money management is the key skill of success in trading Shortby lb-counts221
Uk 100 shortSetup: Squeeze breakout Trade rating: 4/5 Reward: risk: 3:1 Shortby Kyle_CampbellUpdated 0
UK100UK100, the price is in the strong resistance zone 7880, expect the price to drop, sell the red zone, the first target is 7663.4, if the price breaks through. Next targets 7545 and 7393.6 >> GooD Luck 😊Shortby Serana2324252516
fste 100 weekly 5th wave Ending So this is the weekly of the ftse 100 and I have posted the monthly today as well . The end not the beginning Best of Trades WavetimerShortby wavetimer114
FTSE HIT A NEW ALLTIME HIGH DEGATIVE/ RSI The chart posted and the labeling on it has not changed since I wrote and posted it back in dec 2021 .What comes next in 5 TH WAVE DIAGONAL IS NOT GOOD AT ALL BEST OF TRADES WAVETIMERShortby wavetimer2
UKX to 9090?FTSE100 (UK100, UK stocks index) been laggard for many years in comparison with many of it's peers. Now it seems the UKX will finally make new all-time high🍾 and will go even higher. I think we are in continuation move up after breaking out of the consolidation in form of triangle. Target @ 9090 being measured move - height of the triangle projected from midpoint of local range. Invalidation would be the local range low @ 4791 which is too far away meaning unfavourable reward risk ratio but this idea is rather about directional bias. Bear in mind this is monthly chart so the move will not happen over night obviously. Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.Longby bizmark4
UK100The majority of traders have been short on this market since the3rd of November and currently 92% of traders are selling. In combination with the price moving upwards, this creates a bullish indicator. We can see how they get it wrong all the time, This market is very aggressively heading higher. A pullback would be welcomeULongby Mike_SnD661
Uk100Reason for taking this trade - overall bullish trend - daily resistance broken and turned support - 38.2% and 50.0% fib confluence Longby HarrycheritonFx0
SHORT FTSE100/ UK100: WEAK INFLATION & RECESSION TRADEValue/ uk100 been over pumped only 4% off ATHs. commods have pumped it higher, global recession will SMOKE this. also any continued weak inflation = growth trade back on = ppl dont want value = uk100 dump. SHORT: TP -20% SL 8000 (multiple closes above) 4/1RR worst case. 7640 7700 7800 7900 Shortby QuantumLogicTradingUpdated 3
Elliott Wave Suggests FTSE Should Extend HigherFTSE shows an incomplete bullish sequence from 10.13.2022 low favoring further upside. Up from 10.13.2022 low, rally is unfolding as a 5 waves impulse Elliott Wave structure. Wave (1) ended at 7599.7 and dips in wave (2) ended at 7303.68 as the 1 hour chart below shows. Wave (3) higher is in progress with internal subdivision as another 5 waves in lesser degree. Up from wave (2), wave (i) ended at 7389.92 and wave (ii) ended at 7366.88. Wave (iii) higher ended at 7540.31 and pullback in wave (iv) ended at 7462.80. Final leg wave (v) ended at 7547 and this completed wave ((i)). Pullback in wave ((ii)) ended at 7434.64. Up from there, wave (i) ended at 7516.36 and pullback in wave (ii) ended at 7448.69. Index then rallies higher in wave (iii) towards 7772.37 and wave (iv) is either completed or expected to complete soon. Index should rally higher 1 more leg to end wave (v) and this should complete wave ((iii)) in higher degree. Afterwards, expect a pullback in wave ((iv)) to correct cycle from 12.29.2022 low before the rally resumes. As far as pivot at 7303.68 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast3
FTSE 100 rockets to 1 year high! Will it reach 8,000?Today, London's stock market is experiencing a bonanza, as the FTSE 100, which is the index that includes the 100 most prestigious and well capitalized blue-chip companies which are listed on the London Stock Exchange, has rocketed to an astronomic 7,741 points. This represents the highest level that it has reached in over one year, by quite some margin. In fact, today's lofty value demonstrates a level that the FTSE 100 index did not even come close to during the entirety of 2022. It was only a year and a half ago that the news channels were awash with sensationalism as the FTSE 100 index broke past the 7,000 mark, and now, at over 7,740, it is heading for the 8,000 mark! There has been tremendous volatility within corporate stocks over the past two years, especially within the indices because these contain a range of different companies in different sectors, and whilst in 2020 and 2021 the big pharmaceuticals boomed, the travel and hospitality industries paid a large price for draconian lockdowns. Equally, traditional goods manufacturers had their fortunes hampered by logistical problems which meant getting materials and goods from suppliers was difficult enough to cause them to be unable to deliver enough goods to meet orders. House builders did well because of the short-term break in stamp duty resulting in investors buying up smaller value properties, however the reintroduction of that plus rising interest rates curtailed that boom swiftly. In 2022, it was all about energy companies and 'big oil', which boomed as the supply could not meet the demand, whereas some tech stocks and airline stocks languished. Some analysts are saying that today's FTSE 100 high value, which comes after a continued upward direction since the beginning of this year, has been helped by seasonal retail buying as JD Sports and Sainsbury's made bumper profits. JD Sports, one of Britain's largest national chains of sportswear, reported revenues growth for the 22 weeks to 31 December of more than 10%, which compared with growth of 5% over the first half of its financial year. Sainsbury’s, one of the UK's largest supermarket chains stated that trading in general merchandise had been stronger than expected, with overall like-for-like sales growth of 5.9% in the 16 weeks to 7 January reflecting inflation and “relatively resilient” volume trends. There is certainly a lot of volatility in the blue-chip stocks, which is a relatively new dynamic as such large firms which go to make up indices such as the FTSE 100 are traditionally very slow movers in terms of stock value, largely due to their conservative positions and need to please long-term shareholders.by FXOpen112