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Friday, July 27, 2012

Consolidation Pattern. As our own knowledge.

We are trying to detect some patterns that repeats on price charts.  The chart,above, shows what happens in-between two pop ups, that usually are waves 3 of some kind. In our observations, we have learn that, usually, after a pop up and a retrace, there are 3 stages before the next pop up,if rally continues. For us, stage 1 is during wave a of 4 developing. Stage 2 is during wave b of 4 developing and stage 3 is during wave c of 4 developing. We share this with you, only as our way of thinking.

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