UK 100, Daily
Short
Updated

FTSE 5-3-5 pattern

128
Out of all the indexes the FTSE one has the cleanest looking 5-3-5 pattern. Perfect ABC to the vwap from top. A pivot here should start another long 5-wave down. 5th wave extension will cover the most ground on capitulation.
Note
broke that one, but with high source vwap and 1.618 ABCD it did pivot. See if it confirms.
snapshot

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