The FTSE is at a confluence level of trendline and 50% fib. It also has a similar pullback to its previous two pullbacks. If Santa is going to show up, could it be here?
Kommentarer
piloteiat
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GOOD CALL!!! - above 6645 still bullish.
fxtrader66
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This is what I am thinking now with the ftse, either it stops at recent highs 6819 or reaches its target at 7036
fxtrader66
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The FTSE found support at its 50% fib and ripped out of it. To continue with its rally, it needs to take out a downward trendline that has been acting as resistance since the pullback started.