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By tradinglounge · Posted
FTSE 100 Elliott Wave Analysis Trading Lounge Day Chart Index: FTSE 100 (UK) Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Gray Wave 1 Position: Orange Wave 5 Direction for Next Lower Degrees: Gray Wave 2 Details Current Status: Orange wave 4 appears completed. Gray wave 1 of orange wave 5 is actively in progress. Invalidation Level: 7,990.76 (A drop below this level invalidates the current Elliott Wave structure). Analysis Overview The FTSE 100 daily chart reflects a bullish trend, analyzed using Elliott Wave principles. The impulsive mode signals robust upward momentum in the ongoing wave structure. Key Highlights: Wave Progression: Orange wave 4 is complete, giving way to gray wave 1 of orange wave 5. Gray wave 1 represents the start of a new impulsive sequence, building on prior momentum. Upward Momentum: Gray wave 1 continues to guide prices higher, supported by bullish sentiment. Upcoming Correction: Following gray wave 1, gray wave 2 is expected to introduce a corrective phase. Key Considerations Bullish Sentiment: The completion of orange wave 4 and the progression of gray wave 1 within orange wave 5 signify strong upward movement. Potential Reassessment: If prices fall below 7,990.76, the current Elliott Wave count becomes invalid, necessitating a new analysis. Strategic Implications for Traders Capitalizing on the Trend: Traders and analysts should align their strategies with the bullish momentum of gray wave 1 within orange wave 5. Preparing for Gray Wave 2: Anticipating the potential corrective phase will help in managing positions effectively. Monitoring Progression: Close observation of price movements and wave development is critical for informed decision-making. This analysis underscores a strong bullish outlook for the FTSE 100 on the daily chart. The current phase, driven by gray wave 1, offers opportunities for traders to capitalize on the prevailing upward momentum. FTSE 100 Elliott Wave Analysis Trading Lounge Weekly Chart Index: FTSE 100 (UK) Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 3 Direction for Next Lower Degrees: Navy Blue Wave 4 Details Current Status: Orange wave 4 is complete. Orange wave 5 is actively progressing within navy blue wave 3. Invalidation Level: 7,990.76 (A drop below this level invalidates the current Elliott Wave structure). Analysis Overview The FTSE 100 weekly chart reflects a bullish trend, supported by Elliott Wave analysis. The impulsive mode signals strong and sustained upward movement in the current wave structure. Key Highlights: Wave Progression: Orange wave 4 has transitioned into orange wave 5, marking the final phase of the ongoing impulsive sequence. The market is currently positioned within navy blue wave 3, reinforcing the bullish momentum. Final Impulsive Phase: Orange wave 5 often represents the peak of the upward trend, indicating a culmination of the bullish sequence. Upcoming Correction: Following orange wave 5 and navy blue wave 3, a corrective phase in navy blue wave 4 is anticipated. Key Considerations Bullish Sentiment: The progression of orange wave 5 within navy blue wave 3 signifies sustained upward momentum. Potential Reassessment: If prices drop below 7,990.76, the current wave count becomes invalid, requiring a reevaluation. Strategic Implications for Traders Trend-Following Opportunities: Orange wave 5 offers opportunities to align with the bullish momentum in this phase of the market. Preparing for Navy Blue Wave 4: Anticipating the corrective phase following the peak of navy blue wave 3 is key to managing risk effectively. Monitoring Progression: Close observation of price action and wave development is essential for informed decision-making. This analysis highlights a strong bullish outlook for the FTSE 100 weekly chart. The current phase, driven by orange wave 5, supports strategies that capitalize on the ongoing upward momentum while preparing for eventual corrective moves. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
By CryptoChamp · Posted
Ethereum price today remains stable, extending gains above $3,750 and outperforming Bitcoin. ETH price surged above key resistance levels at $3,800 and $3,880, climbing to $3,988 before consolidating. While Ethereum's price dipped slightly below $3,920, it maintains strong support at $3,840, underpinned by a bullish trend line and the 100-hourly Simple Moving Average. Ethereum Price Prediction indicates a potential rise beyond $4,000 if the bulls clear resistances at $3,950 and $3,980. A breakout could see Ether price rally to $4,150 or even $4,320. However, failure to breach $3,980 might lead to a pullback, with supports at $3,750 and $3,665 acting as critical levels. The Ethereum ecosystem's growth supports bullish ETH price predictions. Key metrics reveal a 31% surge in Total Value Locked (TVL) to $78 billion, with Layer-2 solutions adding $11 billion. The Ethereum network’s dominant 47% DApp volume share underscores its expanding utility. Despite some skepticism from critics, Ethereum price prediction 2024 and Ethereum price prediction 2025 remain optimistic due to rising DeFi adoption, staking innovations, and Federal Reserve rate expectations. With growing institutional interest, Ethereum news today highlights the network's resilience. As ETH coin solidifies its position, many wonder: Is a new ETH all-time high imminent? Also Read: SafeMoon V2 Price Prediction 2024, 2025 -
By Crypto_Dec0ded · Posted
Flare(FLR) is revolutionizing the blockchain landscape with its EVM-based layer 1 platform, designed to unlock new possibilities for developers. By providing decentralized access to high-integrity data from across various chains and the wider internet, Flare is opening the door to innovative use cases and fresh monetization opportunities. Dive into the article to discover how this game-changing platform is reshaping the future of decentralized applications and don’t miss our Flare price prediction for key insights on where the token could be headed! As of Coinpedia Markets, the live price of Flare is currently trading at $0.02973 Analyzing the Simple Moving Averages (SMA), the short-term 5-day and 20-day moving averages show a bullish crossover, signaling positive price momentum in the near term.Meanwhile, the medium-term 20-day and 50-day moving averages also exhibit a bullish crossover, indicating potential strength for Flare in the coming weeks. Flare's First Perpetual Exchange Launches SparkDEX Eternal, built on the Flare blockchain, introduces perpetual contracts, enabling leveraged positions on Flare and other cryptocurrencies, with plans to expand into commodities and forex markets. Post launch of SparkDEX Eternal, Flare's price has moved +5.72% to $0.03 in the last 24 hours, while its trading volume has decreased by -40.27% to $31.17m.
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Question
piersft
When I click add account on MetaTrader, I can't see IG in the options for server.
I have searched for IG but still found nothing.
When I opened an IG (real) account it gave me an email to use mt4.ig.com:443 server but when I follow through on that in Metatrader it just links back to the IG website telling me to sign up for a IG live account and then when I fill it out it says I already have an account.
When I try to sign up for a demo account in my ig section the button doesn't work.
Also the setup on MT4 is different to the demo account setup email I got so I can't seem to follow it.
Any help would be greatly appreciated!!
Thanks
3 answers to this question
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