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Written by Jebatfx
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Wednesday, 20 August 2008 |
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9.22 am
Until this moment, price still inside the corrective teal triangle. I'm
looking forward for a true breakout either to the upper or lower teal triangle
trendline to determine which alt count is more favourable. Although the major
trend is bearish but there are possibility to see for another bullish
retracement to complete the corrective wave 4. So please be extra careul. Good
luck.
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Written by Jebatfx
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Tuesday, 19 August 2008 |
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10.13 pm
At this moment, I'm looking forward for a completion of a truncated subwave
iv (magenta) or a subwave 1 in wave v (yellow) before before expecting for a
bullish retracement either to complete subwave 4 (magenta) or subwave 2 in v
(yellow). Otherwise, there are also a probability for a bullish reversal trend
according to the alt count in white. Good luck.
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Written by Jebatfx
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Tuesday, 19 August 2008 |
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8.30 am
At this moment, favourably wave iv is already completed and I'm looking
forward for a bearish continuation to complete eiterh a truncated subwave v
(magenta) or an impulsive subwave v (yellow). Otherwise we may see another
bullish retracement to complete corrective wave c and 4 in white. Good luck.
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Written by Jebatfx
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Monday, 18 August 2008 |
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10.32 pm
At this moment, price already made a breakout to the lower yellow
trendline. If its a true breakout and subwave iv (magenta) is already completed,
then we may see for another bearish continuation either to complete a truncated
subwave v (magenta) or an impulsive subwave v (yellow). Otherwise we may see the
price bounce back to complete the subwave iv in yellow or wave 4 in white. Good
luck.
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Written by Jebatfx
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Monday, 18 August 2008 |
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9.41 am
I'm looking forward for a completion of subwave iv either in magenta or
yellow. Advisable to wait for a bearish continuation entry signal later from
BSTS for this week. Otherwise we may see an extension of corrective phase
according to the alt count in white. Good luck.
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