Quote:
Originally Posted by Jamie Saettele
You are correct, it could be done as the rally from 1.4622 to 1.4720 looks like an impulse. Allow for a correction back to at least 1.4680 (maybe even 1.4660).
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I have added the RSI and W%R intentianally so you can see there is no serial divergences, since if there was serial divergence there is no knowing when it will take place!!
Edward,