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Thursday, 10 October 2013

EUR/USD H1


There is still one more wave to the downside missing here: wave (v).
So, according to this count there is a sell zone of 1.3527 - 1.3537  and SL order can be place just above this zone because in case of a upper breakout the main count is invalidated and alternate black count is in play. This alternate count indicates deeper correction in wave alt:(2). First possible level to finish it is Weekly Pivot level @ 1.3562.


Take care,
Seb


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