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Forex Market Presents Multiple Zigzags In Wave Analysis

Discussion in 'Technical Analysis' started by Kaitlin, Jul 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD bounced at the support trend line (green) one more time to expand the sizeable correction within wave Y (purple) of wave 2 (brown). The wave 2 (brown) becomes invalidated if price manages to break above the top at 1.1425 whereas wave 3 (green) could start if price manages[​IMG]

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