My previous charts have suggested FTSE has been creating a leading diagonal for some months now.
The overlapping choppy nature of the wave structure has made it difficult to trade!
If correct I believe this diagonal is now complete and wave A of an A,B,C correction has recently occurred.
If FTSE falls below the terminating wave (E) a much larger fall is likely.
Good Luck
The overlapping choppy nature of the wave structure has made it difficult to trade!
If correct I believe this diagonal is now complete and wave A of an A,B,C correction has recently occurred.
If FTSE falls below the terminating wave (E) a much larger fall is likely.
Good Luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.