FTSE 3min – follow up

OK, what of the 15min Chart I hear you all say, how did this TS3 buy, on the 3min chart “fit in” with the larger degree 15min Chart?

Let’s take a look. As you can see, we are coming off WPT support for the end of a Wave (3) low, so we should anticipated some kind of Wave (4) type rally. But even if this does not unfold, some kind of rally off this 15min low should be anticipated.

So, yes the TS3 buy on the 3min chart was “in the direction of” the larger degree 15min chart

Thanks

Steve