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FERG (UKX) - EW analysis - ABC correction

Short
LSE:FERG   FERGUSON PLC ORD GBP0.10
FERG (UKX) - It is in strong up move and seems like completed impulse cycle and broke the trend channel. The down move is either diagonal A wave or may be complex correction. But in any of the case, the bounce should be short sell for C wave down after confirming the B wave completion.

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