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$212January 24, 2014
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Hello Theo,
Please refer to the image below. Just wondering if I have drawn my waves correctly and if I have correctly identified demand levels.
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Pepe.
Without you (price action), I am not worth a [s]cent.
$8001983February 26, 2011
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Hi Pepe,
nice to see all these questions and someone taking it seriously,
700 free members but not many who are not just looking for a get rich quick scheme based on lack of questions.
Your demand levels are perfect
On that chart I would map the swing a-b-d like you have drawn,
from a-b I would put that in a range box and wait to look for a breakout of it trade which is basically something that setup at d
If you wanted to trade within that range and you could see all that smaller movement like there is from a-b then it would be best to drop down a time frame and try to make send of the wave movement.
Theo
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