FTSE Elliott Wave Analysis for Wednesday 14/06/2023Trading day preparation. The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.
UKX trade ideas
FTSE Elliott Wave Analysis for Tuesday 13/06/2023Trading day preparation. The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.
FTSE Elliott Wave Analysis for Monday 12/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
FTSE Elliott Wave Analysis for Sunday 11/06/2023 (W1 & D1)A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse in the weekly, daily, and 4h timeframe. However, as divergence in the weekly is not really outspoken, a new high is still possible. Investors should wait for the pullback to buy. Traders should analyze the lower timeframe.
FTSE100 9/JUN/2023UK100 (FTSE 100) index has shown a significant price movement. The price initially formed a resistance level, which has been successfully broken out. This breakout indicates a potential shift in market sentiment. The previous resistance level has now become a support level. This means that traders and investors are now viewing this level as a price floor, where buying pressure may emerge.
The price is approaching this support area. Based on historical price behavior, it is likely that the price will rebound or bounce off this support level. This means that buyers could step in and push the price higher from this point. Considering these factors, it is advisable to monitor the price action closely in the support area. Traders may consider potential buying opportunities as the price approaches this level, keeping in mind that a rebound or bounce could occur.
Note: This analysis is based solely on technical factors and does not take into account fundamental or macroeconomic aspects that may influence the UK100 index. Technical analysis is not foolproof and market conditions can change rapidly.
FTSE Elliott Wave Analysis for Friday 09/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
FTSE Elliott Wave Analysis for Thursday 08/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
FTSE Elliott Wave Analysis for Wednesday 07/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
UK100 UK100 recently make a nice bullish impulse and seems like fail to maintain it. Currently the instrument is looking for Right shoulder. If it successfully form HnS then we are looking for 7550 followed by 7500 to downside.
FTSE Elliott Wave Analysis for Tuesday 06/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
FTSE Elliott Wave Analysis for Monday 05/06/2023Trading day preparation. We discuss several scenarios that could play out. There might be a possibility for a short trade.
UK100 daily analysis We're looking for buys after we break the strong resistances we have and we enter after the retest
FTSE Elliott Wave Analysis for Friday 02/06/2023Trading day preparation. We discuss several scenarios that could play out. Depending on what the market gives us, there are several possibilities to enter a trade.
UK100 LONG IDEA , Fast scalpLets long this thing.
after a FVG HIT
and following the market structure
FTSE Elliott Wave Analysis for Thursday 01/06/2023Trading day preparation. We discuss several scenarios that could play out. We define an area where to go long.
UK100 - Short by High Low Pivot & 2EMAs 6/1/2023* Daily timeframe: Short
* Current timeframe:
1- Short trend when Swing Low (1) & EMA 21 under EMA 50.
2- Swing Low(2) is continue & High still under Swing Low (1).
3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss).
a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)...
b/ Wait to retest previous swing low if ratio of Reward > Risk (>1).
FTSE Elliott Wave Analysis for Wednesday 31/05/2023Trading day preparation. We discuss several scenarios that could play out. We see a potential long trade but we need more data to confirm.
FTSE Elliott Wave Analysis for Tuesday 30/05/2023Trading day preparation. We discuss several scenarios that could play out. We define an area where to go short. We also see a potential long trade but we need more data to confirm.
FTSE Elliott Wave Analysis for Sunday 28/05/2023A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse in the weekly, daily, and 4h timeframe. However, as divergence in the weekly is not really outspoken, a new high is still possible. Investors should wait for the pullback to buy. Traders should analyze the lower timeframe.
FTSE Elliott Wave Analysis for Friday 26/05/2023Trading day preparation. We discuss several scenarios that could play out. We define an area to go short but we need more data in order to confirm.
