As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. It looks like the upward ABC correction is mature.
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
In this video, we undertake an extensive examination of the US100. In recent time frames, the NASDAQ has experienced significant bullish sentiment, leading to a substantial surge toward a crucial resistance level. Throughout the video, we explore the potential for a trade opportunity involving the FTSE. This analysis is based on a thorough evaluation of price...
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
For traders (lower timeframe):
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
For investors (higher timeframe):
In the higher timeframe, investors should wait till the higher degree WXY correction is finished.
We made a new high and this supports the scenario of another corrective leg up as forecasted. This means we can see some more upside to finish wave X, before reversing down as a wave Y.
As expected we took out the high and the correction up looks complete now. This means wave X can be finished and we should see more downside as a wave Y. However, aligned with the US indices, we expect another corrective leg up.
As expected we went back into the wave X area to take out the previous high. This means we get an additional correction up as a wave X. This correction up does not look complete yet. We need at least one more high. Wave X up should be followed by further downside as a wave Y.
For traders (lower timeframe):
The primary expectation is now that we will go back into the wave X area to take out the previous high. That would mean we get an additional correction up as a wave X. This move should be followed by further downside as a wave Y.
For investors (higher timeframe):
In the higher timeframe, investors should wait till the higher degree...
It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
