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you can call it retracement which is wrong green followed by red...

  1. 2,165 Posts.
    lightbulb Created with Sketch. 283
    you can call it retracement which is wrong
    green followed by red bars in the same range is called CONSOLIDATION
    forming a good base before the next major move up
    for the scared birds out there be patient dnt lose your head
    IMHO
 
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