In this video we take a look at FTSE decline from the recent peak which visually looks to be a 5 wave move. We dissect the price action and show the viewers why we don’t see the decline as a 5 wave move and rather as a triple three (w)-(x)-(y)-(z) structure. Learn more how to trade with Elliottwave and receive forecasts in 4 time frames, live session, and trading signal by signing up 14 days free trial here
Impulse wave vs WXYZ
Elliottwave
Subscribe to Get Free Market Insights
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Related Articles
Elliottwave
The Expected Market Pullback Most Traders Will Miss Again
Markets rarely reward consensus in the way most participants expect. Right now, a large portion...
Elliottwave
The Elliott Wave Theory and High Frequency Trading
Financial markets have evolved dramatically over time, moving from human-dominated trading floors to highly automated,...
ElliottwaveStock Market
Newmont Mining (NEM) Elliott Wave Outlook: Impulsive Rally Building Momentum
Newmont (NEM) resumes the powerful nesting impulse and should continue to stay supported. This article...


