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AIS - EW Chart, page-1958

  1. 180 Posts.
    lightbulb Created with Sketch. 45
    @Bullyboy We have a potential clue to trend direction BB. The rise from 0.45 is only in 3 waves and can be counted as just a correction. Note how price has now overlapped (entered the price territory) of the first wave up which you don't really want to see in an impulsive advance. It could still develop into an impulsive move yet (leading diagonal or other), but just raising the potential warning (red flag) none-the-less.

    https://hotcopper.com.au/data/attachments/5399/5399130-2576e02af9436398bd8a387ca2af96e9.jpg

 
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