Posts: 257 since Jul 2014
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Today is a tough day as it is a consolidation day. Those are hard to predict how they unfold. Anyhow, off to a good start
Here is my thoughts. The green line data there is a B wave up. The question is it going to form another B wave above that diagonal line or do a deep retracement? Two approaches: get out if it violates the first upper line or just wait it out and risk not making as much. It comes to the concept of being a day swing trader or a day short term trader.
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