Long
FTSE wave count and long setup
FTSE wave count seems cleaner than that of DJI and S&P500, now on wave (5) of an expanding ending diagonal {5}, poised to go up on a corrective advance.
If a medium term buy limit @ 6527, with tight SL set at invalidation of wave count - if it breaks lower channel line or the next lower channel line. It's so tight, R/R =11.70
If a medium term buy limit @ 6527, with tight SL set at invalidation of wave count - if it breaks lower channel line or the next lower channel line. It's so tight, R/R =11.70
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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.