The downside impulsive moves from July 26 started a 5 wave sequence. Currently tracking a minor 5 wave sequence to culminate the 5th wave of the daily wave movement. Selling until 125.729, and placing a buy order.
With brexit, there's a lot of uncertainty and risk, so this buy order will be a long shot buy. If there is upside movement, then i believe that this is the low. I'm going to hold it with no target in the near future because if brexit happens with a deal, we can see a substantial move higher. If there is no deal, then of course we'll see this further to the downside creating new all time lows.
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showing good signs that buyers are in the market. I think this was the first line of orders. Break of the trendline indicating up, lets wait for this to push back down to retest at the 125.729 level for a more substantial move.