Friday, August 6, 2010

Clearing up

My suspicion was correct, there were 3 waves and we made another high. Things seem to be clearing up. The 100% FIB extention of the first ABC is target for the second ABC, this would complete a complex double three correction. This type of behaviour is common and when we zoom into the smaller timeframe we can clearly see we're close to the end of 5 waves of C.

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