I'm not trying to be smart@rse but can anybody really fit price action into TA until after the event?
One poster earlier touted 1.7c as the bottom target - this thread is talking about different theories.
In 2 months time I'm sure we can look back and fit it into one of the theories but basically are we saying
that if it hits a bottom according to TA we still need to employ a stop-loss in case TA wrongly predicts a bottom?
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I'm not trying to be smart@rse but can anybody really fit price...
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