AndyCuckoo

FTSE Elliott Wave Analysis for Sunday 11/06/2023 (W1 & D1)

OANDA:UK100GBP   UK 100
A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse in the weekly, daily, and 4h timeframe. However, as divergence in the weekly is not really outspoken, a new high is still possible. Investors should wait for the pullback to buy. Traders should analyze the lower timeframe.

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