a clear breakout shown on uk100 its a good oppurtinity for forex lover grab it with low risk
UK100 has a clear 5 wave up from COVID-19 lows. This is either an ABC pattern or a five-wave impulse. In either case, we should anticipate a significant move. Such big moves sometimes come after sentimental extremes or events - which is much awaited. If this transpires, would be led by a commodity-led rally, which would in turn imply a weak dollar, loose...
Ukx intraday bearish setup Bearish sentiment already in higher timeframe so bearish setup is in more favour
Is the UK index or the FTSE100 index ready for a big rally in the coming days ??charts show a highly bullish breakout and also sustaining above the resistance of 7600 levels , index has almost 20% upside open before any major hurdles , 6 days to go for monthly candle closing and a closing above 7600 levels can give a confirmation of coming rally , view invalid if...
With My Analysis I belive it Fuel prices are going up which cause economy to slow down thats why i belif that uk100 will have to fall .
go short in ftse 100 at 7010 WITH target of 6950.AS per charts the ftse will follow global counter parts and go below suggested level.
Nice rising daily channel. Switch to lower time-frames for timing the entry and better risk-to-reward. Trade with care! - chartingfeed