uk 100 bearish movego 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.
UKX trade ideas
TS - #FST100Disclaimer
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
ftse
FTSE
A channeled up move
along the median line.
Pullback towards
0.786/ 0.89
retracment can be tested
along with falling trend line.
Under performance has been witnessed
in relation to world market cycle for the index
during the phase from March 2020.
Upper resistance as mentioned above
can be test but key will be provide
a breakout and sustain.
Imagine March 2018 peak not yet
crossed.
UK - Short(Waiting for entry signal)Waiting for price to test his level and reverse to take a short position
Analysis of UKXShort after trend line targets are given.. feel free to chat or ask or tell anything. Take t1 around 6688 ..
FTSE 100UK 100 will follow the pattern.
1.Likely to form a W pattern ,since the RSI is at oversold condition.
2.Then Longs are favoured
UKX wave countingOm Namah Shivay
Trying wave counting with another chart which is in difficult stage for me. Practice worksheet.
Om Namah Shivay
UK100 rising channelNice rising daily channel. Switch to lower time-frames for timing the entry and better risk-to-reward.
Trade with care! - chartingfeed
GO Short on 1 Hour UKX "Education Purpose Only"GO Short on 1 Hour UKX "Education Purpose Only" TVC:UKX
FTSE(7604): #BreakoutGoing forward support @ 7400-7500,
till holds expect rally to continue
towards 7700-7900
Close below 7400 negates above view
Daily FTSE 100 LevelsFor Tuesday 05.09.2017
FTSE (TVC:UKX)
Above 7423 Targets 7436-42,7455-72
Below 7400 Targets 7387-81, 7368-51
FTSE100 -Can Bulls have Butterflies in their Stomach@7600-3500I don't know - time will let us know. This is what I use to feel when I used do revision a day before my final exams- I think all of us have passed through such scenarios in school / college days- what ever levels you are prepared you still feel butterflies in your stomach, don't you?
Butterfly final legs can extend to 161.8% causing euphoria in markets.
This is not a call - just for education.
FTSE : How to trade with RSI Indicator ( Educational)I explained how to trade high probability trades with using RSI Oscillator in Trending market. RSI Oscillator is fast moving indicator, Observe RSI Divergence failed to change the direction but still you get the pull back, Notice before price fall RSI hitting bottom that is key indication Price is trying to make higher high. Trend is strong on Upside those divergence are profit booking zones.
Feel free to ask your doubts.
