Sunday, April 24, 2011

Will the trend go on?

While it is possible that price has topped, with the latest daily shooting star candle, price at the 61.8 retracement of 1.60 - 1.18 and wave Y at the 76.4 extention of W , i still don't think that this is the major top i'm looking for but rather just a pause in the uptrend in the form of a wave X.

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