Trading Analysis based purely on Price Action as taught by Nial Fuller at www.learntotradethemarket.com. All I post here are setups which i see fit to trade win or lose.
Monday, 7 December 2009
FTSE End of day EWT analysis
The flat and the first of the last 5 waves up i posted last night for the ftse seems to have been put on hold by a 4th triangle which gave today a very narrow trading range.
There is also the possibly that this is a expanding triangle which explains the spikes, if we dip lower we'll know, but i'll either be buying any decent dips or the breakout north
There is also the possibly that this is a expanding triangle which explains the spikes, if we dip lower we'll know, but i'll either be buying any decent dips or the breakout north
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