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AynCzubas
Jul 23, 2015 7:00 PM

Possible Shot to 1.107 Long

EURO / U.S. DOLLARICE

Description

A small triangle has been developing for the past 7 hours which appears to be targeting 1.107. If it hits that level, it may be game over for this rally for the next couple of days. I now suspect this rally has been a "d" wave up of a larger contracting bullish wave 4 triangle, which will be followed by an "e" wave down until a final apex is reached where an upward thrust toward 1.18-1.21 begins.
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