@Olu, 1400? that's interesting, how did you come up with this target?
Olu
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@LEONES, if you consider that price is in a triangle structure right now. If price breaks below the nearest low then a measured triangle breakdown targets there. However it has to breakdown first for that to come into play
LEONES
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@Olu, the interesting thing of trading is that you always have to check the two sides of the cards..
Olu
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@LEONES, I hear you. I am pretty conservative in trading and EW forces you to consider alternate counts anyway
LEONES
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@Olu, it seems you were right BUT at this stage I am considering longs seriously..
Olu
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@LEONES, I am still bearish as I said before. Like sugar there could be an upmove but until your neckline is taken out I will keep on looking down
LEONES
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@Olu, i agree that this the orthodox way. I want to see this week, something tells me that we will start moving higher again - feeling
Olu
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@LEONES, I hear you. I also understand 'gut' feeling. So let's see what price will do the rest of this week