FTSE – Reverse Head and Shoulders forming

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Monthly- Holds within a bullish channel. Previous resistance of 6754 from 2007 now becomes support. For the last two months, levels below this area have fond buyers. Weekly: A 5-wave Elliott Wave patterns looks to have completed at 7904. The move lower has found buyers close to the 50% pullback level of 6700 from 5494-7904 Intraday 8-hours: Looks to be forming a bullish reverse Head ...

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