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Bulls Pushing Price Higher On USDCHF

Discussion in 'Technical Analysis' started by Kaitlin, May 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Strong reversal since start of May from 0.9442 is very sharp and fast without any overlaps, so we see market making an impulsive run. Impulses are five wave patterns that move in the direction of a bigger trend, so we assume that new bullish cycle is now coming in play[​IMG]

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