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Friday, March 28, 2008

ascending























Welll yesterday price failed to break the resistance @ 201.84 ( very strong ), according to the chart pattern this is ascending triangle and price should break up and move like a sky rocket. But in EW after price completed a b c d e , the next movement is wave 5 .. the answer is "bear continuation". trading psychology just wait until price break either hi or lor.. and follow back the trend.

thank you
abagnale.seven@gmail.com

1 comment:

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