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Old 04-10-2008, 09:41 AM
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At this moment price seems like to start a retracement to complete wave iv. As long the previous bottom (bearish continuation critical line) is not been taken, this scenario would still be valid. Otherwise we may see a bearish continuation (extension) for wave iii. Tips : wait for a complete BSTS signal for a bearish continuation after wave iv complete. Good luck.
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