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Originally Posted by hoene003
Marketwavez, yes this A on my chart then should be part of a larger A, why is your target 1.2715 for A, just because it's support, how do you usually determine your target for A, just curious ? The textbook says it has to end in the former wave 4 area which is in your case not beyond 1.2750.
Yes its subjective.
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its sbjective..............and is tied to a persons own idividual trading style !
and tolerance for risk ! - your appretite is not the same as the next guy
Time will ultimately tell all
..............