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- Jaice replied Feb 24, 2010
Hey Tsar, I am of the opinion that you may be right. I can see a wedge formation developing with Upper bounds of the 50% retracement, and the support/resistance level from the past 60 hours. I am forecasting a breakout in about 6 hours. I don't see ...
- Jaice replied Feb 23, 2010
Possible end of retracement — Could that bearish price action mark the end of the -180pip retracement? If so, I might estimate that as having retraced 30% from Big1red9's target retracement (fib 50) of 1.5484. Is that possible? J
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