Friday, August 24, 2012

Target for wave C (updates)

The 4th wave's A is 400 pips.
Wave B is 200 pips
IF wave C = A then Target is 1.26391

A clear break of 1.2580 will trigger that target.

It has invalidated 0.618 relation
1.618 could be invalid according to time.

The recent decline from 1.2580 area is in ABC..expect its making a diagonal in bigger time frame.
Wave C must be an Impulse or an Ending Diagonal.


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