UK100 start its correction from 20 feb 2023 and complete a flat correction on 4 july 2023. After that it form a X wave on 26 july 2023 . From 26 july it enter into a triangle correction and complete its E wave on 13 feb 2024. Also the price gives a pattern conformation. So we can expect a 7-8 % upside in UK100
a clear breakout shown on uk100 its a good oppurtinity for forex lover grab it with low risk
INDEX FTSE is trying to break from lower lower . this will take time. Swing recommended till breakout. Stop loss and Hedge must to trade.
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
UK 100 is nearing its crucial support levels! Expecting a bounce from this oversold region. However, if we breach this support then we may slip to 7000-6700 levels.
UK100 has formed an inverse head and shoulder pattern. am expecting to see more buys.
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 .
FTSE UK100 is looking bearish. Beautifully formed rising wedge pattern has seen in UK100 on daily TF. Levels are already highlighted on graph 📉 Invest on your own Risk
After testing multiple times, UKX has finally broken the crucial support level of 6800! This if sustained till monday, may trigger a fall in rest of the indexes and world economy overall.
UK 100 - FTSE CMP 7524.4 Short - 7537-7550 Target - 7507- 7498- 7485- 7455+ Risk Taker can short @ Cmp SL 7563 harmonic indicating reversal Zone is - 7490 Watch it
Setup Contains: 1. Bearish Structure 2. Break of Structures 3. Bearish Order Flow 4. Return To OrderBlock 5. Trendline Liquidity As Targets FOLLOW PAFX & TRADE LIKE BANKS 💸
UK100, like many other equity spaces rose. However it lags the US counter part in its upmove. If one observes on 25 Feb SPX was around 4300 which is now at 4500 while UK100 has not made that kind of a progress. Markets move for a reason. This under performance can continue or alternatively if SPX corrects some of the recent gains as it is closer to the supply...
UK100 Index seems to be in bullish trend, using bullish flag harmonic pattern, the project shows that it could touch 7679 Level
FTSE still above 200 DMA relative to NIKKI, DAX, DOW. That warns if it is leader, or lagard in waiting. We had HnS break out yesterday, how ever, this morning rise is an opportunity to short if not already one in hand. The supply zone from the previous base and the downward slope from the recent high both vertex around the 7630-40 close area or one can assume 7610...
UK 100 - FTSE CMP 7524.4 Short - 7537-7550 Target - 7507- 7498- 7485- 7455+ Risk Taker can short @ Cmp SL 7563
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. All of these counts correspond to a b wave at a higher time. This wave b is formed in the form of a zigzag and from this zigzag the waves a and b are finished and the wave c is being formed. From wave c,...