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The likehoods on the chart above could be extreme.There are some other possibilitiesnot given on the chart.
For example, if under the conditions without developing a triangle correction pattern, in this case, price from 10/30/08 high 1.3296, could develop
1) a five wave structure, either impulse moving pattern or diagonal triangle moving pattern (so far, it seems a higher likehood), as wave 5 of higher degree wave started from 9/22/08 high 1.4864;
2) a three wave structure, as correction to 1.2328 ---- 1.3296 rally, in the case, if price goes below 1.2400/50, downside falling resumed from 1.4864 has not completed yet.
[ 本帖最后由 sharkeater 于 2008-11-12 22:24 编辑 ] ;)
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