Monday, February 3, 2014

The Daily Wave Analysis

Price could have completed a retracement for wave 4 (blue) and therefore a continuation higher from the 50% Fib (instead of the 38.2%) up to wave 5 is a decent possibility. The invalidation level of the bigger wave 3 and 4 (dark blue)wave count is +/- 99 (3 thick red lines).



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