UK at critical financial juncture! Hide & watch!

[On-my-way-Home]

UK FTSE-100 on critical support rising Trendline.  Break this & an avalanche highly likely!

 

Monthly timeframe chart so daily wiggles not so important!  Only a deciseive break of this red uptrend line counts.  We do not have that BREAK yet!

 

Wait & see!

 

[On-my-way-Home]

Break that line decisively & Londonistan goes into a bull run

 

 

https://youtube.com/shorts/cC3lNqYVYT8?si=CtoTpOl7Cpa_nmZM

 

[On-my-way-Home]

Sterling:  drop below that red line in chart below & the humiliation against arch enemy, the US Dollar will be yuge.

 

 

[On-my-way-Home]

Sterling in yearly timeframe view:

 

note the utter humiliation of the Pound by King Dollar since 1970.  
 

If that red breaks, the UK will be a good candidate for a US state.  
 

[On-my-way-Home]

Sterling vs King Dollar in daily view..  Solid hammering ongoing.  But we watch that monyhly timeframe above.  Why?  Because Sterling is no slouch!  She has been around a looooong time & deserves utmost respect.  Its therefore game over only IF monthly buckles!

 

Sit back and watch, but hide & peep as History could be in the  

 

[Patong2021]

Incomprehensible.

[On-my-way-Home]

10 hours ago, Patong2021 said:

Incomprehensible.

👍 & invonceivable, but not unavoidable as in the daily chart below.  Stay above the red & green lines and all is well!  
 

 

[topt]

43 minutes ago, On-my-way-Home said:

Stay above the red & green lines and all is well!  

Perhaps if you were to give a brief explanation of what the "lines" you refer to mean you may get more interest and possibly even discussion........otherwise why post? 

[On-my-way-Home]

2 hours ago, topt said:

Perhaps if you were to give a brief explanation of what the "lines" you refer to mean you may get more interest and possibly even discussion........otherwise why post? 

Why post?  Its called a CALL.  

I don’t expect a discussion, although I welcome it, but as you & the other fellow indicated, its incomprehensible.  The subject is Technical Analysis of Financial Markets

 

 

[ElwoodP]

Nonsense topic locked.