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fxgraffiti
May 26, 2014 2:39 AM
XAUUSD Zigzag B-wave Triangle
Short
FX:XAUUSD
1D
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May 26, 2014 2:39 AM
When the rising green TL eventually fails I'd anticipate that the triangle will resolve downwards, in a sharp decline to somewhere in the vicinity of 0.786 or 1.0 Fibonacci levels.
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