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Thursday, August 27, 2009

The battle field

The EW would indicate a wave 2 regrouping before the battle begins.

In my last post I showed a bullish chart. So far this appears to be the count. The M15 and M30 Kumos now stands in the way. If the top of these Kumos are breached it will be a very bullish signal. This is the battle ground between the Bulls and Bears.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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