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Originally Posted by Trader02
Sire, you're making me dizzy with these reversals from bullish to bearish to bullish calls.
Anyway, 1.2915 was broken.
So are we going to dive or are we going to have one more rally on 1H and 4H?
The up move from Jan 12 is still lacking a wave c rally to complete the move.
Is this what might happen?
That is my call -- cautiously!!!
Phew!
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Amen! Wave c underway. Both the 1H and 4H trendlines are taken out.
Trail stop. Could be a short wave c or whatever. Don't know. Dangerous as USDX wave 3 is right around the corner and will retrace this wave C in 2 seconds flat -- if my thoughting is right.