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Originally Posted by patricio_w
Touching January 12 at 1.2163 confirms that W2 is finished
If this is a W3, the possible first target is marked on the picture.
Following the oscilator, the crosovers on the OverSold zone is and excelent oportunity for Long positions
1.2659 is the MAximun target for a w3of 3, (162% of the December 30th Alternate Price Projection
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With the rally of Friday continuing today the W2 should be complete or near completition. Iam quoting the first chart of the first post to show where are the posiible target of this Wave 3:3.
Also iam attaching a Daily Chart showing where this corrective rally should be ending and when.
This should be a corrective rally of the 1,2,3,4,5 waves started on 30dic of 2004 ended 17 nov of 2005
It should be ending on 10/04/2006, in the last W5, the daily chart is very clear about my idea, tomorrow i will post a complete 1hour chart
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