UKX Down?
Updated
I see an almost completed elliott wave count as the B begins to finish (if it doesn't become more complex).
I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside.
I expect prices to fall quite sharply if trendline is broken.
Any advice is appreciated.
Thanks.
I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside.
I expect prices to fall quite sharply if trendline is broken.
Any advice is appreciated.
Thanks.
Note
Correction has become deeper than expected but I still see downside.
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