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aerocom21
Aug 24, 2014 3:49 AM

Ending Diagonal wave C about 1.3114 Long

Euro Fx/U.S. DollarFXCM

Description

The pair is in a C wave diagonal. Price will probably trade to the point where waves a and c of 5 are equal. Both waves will be equal at 1.3122. However, if wave 5 moves to .8 of wave 3, price will move to 1.3114. Look to get close shorts and Get long on a reversal and move higher.
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