Uk100 Daily outlook

UK 100 sells from a high supply zone

That sells was great

Sharp print

I took profit already, I booked good profits, just want to wait with that yet

I entered the trade yesterday at evening when I saw the prints I caught some liquidity sweeps, after the breakout I placed my limit order

Beautiful trade

One thing I have notices is that it really works with liquidity check the rectangle it has wick that level, and that was why I decided to put my tp there

Yeah price moves from liquidity to liquidity

Price has failed in my box level, but if there's serious rejection price can go up from there because that's an order block level

It's an orderblock no doubt, but price is likely to fail it because the retracement leg is stronger

I've not been liking UK100 price action lately. So I just left it alone. I'll love to see the price drop for a rebound at 10250 price region, before i can start paying attention for buys.

Price is showing a bearish momentum, because the last support was fully taken out, so a break below that rectangle will give more sells but a rejection from there will signal more buys from that level

UK 100- price is setting up for a bearish drop. A break below 1045 price level, and we'll witness a decline to 1035

That level looks like the trigger point. I'd wait for a decisive close below 1045 and a failed retest before looking for shorts, as that would confirm sellers are in control and increase the probability of a move toward 1035.

UK100- price is still confined between the resistance level at 10538 and the internal support level @ 10458 and still unable to invalidate either zones. an upside break will lead to a bullish rally and a downside break will lead to a bearish drop.

Price is still ranging on the 12hrs timeframe, I want to see a break downward then continue the sells

UK100- This is my trade projection and bias for next week. I'm not expecting long term buys anymore, just consolidation buys to a key level that will drive an aggressive selloff.

Your bias is very valid, but I have a different approach towards it, price is going up to a key level, presently above the fvg level, heading to the order block, I want if price sweeps above 10636.94 into the rectangle box then closes below the Asian lows I will target more sells from there

Cool. I have a 1hr bearish trendline confluence with the right shoulder formation, although this is not solid yet on 4hr.

A break below 10538, will make me more comfortable for the sells, invalidating the LTF bearish flag.

My bias is still valid price is moving towards the 10636.94 highs, once taken I will wait for a break below the nearest lows then sell, if price doesn't break below for the sells I won't trade