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WaveAlchemy WaveAlchemy AUDJPY, D, Short ,
AUDJPY: FALSE BREAK
43 0 3
AUDJPY, D Short
FALSE BREAK

So, the first day of december began with a false break above a considerably important price. A week later it corrected itself in light of a market dominated by the bears. We proceed on the assumption (assuming is inherent in forecasting) that this bear trend is still intact unless structure says otherwise. By that I mean if '3' is breached. 5 will be ...

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