My smaller time frame charts tend to be a little messy but this conclusion seems clear enough.As we saw on daily chart previously, the FTSE broke out and gained manically from before xmas, right now it seems top of that channel
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Im not sure if this is a symmetrical triangle or a wedge but its very aggressive. These lines I think were drawn around 18th dec as per a chart by WS so its a pretty well behaved market so far
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Hello guys, I'm new to this site. Found it through Trade2win. Seeing as alot of people here seem to be based in the UK I thought you may be interested to take a look at my work using Elliott Wave Theory to follow the market.I think by the sound of it, this network is perfect for me.I am NOT an expert/guru.... I am a beginner.I have set up my blog and video channel on youtube to provide people with my charts PRIMARILY to get feedback and learn from it. I am not trying to syphon people off other forums, or sell you some call service or anything like that..I am simply providing an Elliott Wave perspective for you, which you may not be familiar with, and hopefully we will all learn from debating, interacting and sharing our views.Please tell me what you think,kind Regards,MaxPS: If you would like to see my blog, please visit: http://elliotticians.blogspot.com/Read more…