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Old 04-14-2008, 05:16 PM
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At this moment, I believed wave 5 already established and retracement scenario already become invalid. Preferable, expecting there will be a bullish reversal trend later as long the “double bottom” stay valid. Please study the white count and BSTS 3 tf 1H and 4H. A breakout to the upper green trendline and later to the retracement critical line would bolster this scenario. Good luck.
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