Tuesday, September 23, 2014

NIHSIN is on Wave 5th !!! Correction is just around the corner ?


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This pattern is defined as a Trend pattern, in which the wave 3 is extended, it is the most probable trend  to occurs, very often wave 1 is equal to wave 5 in prices and time,

For picking a top this is an important alert, the more patterns of different wave degrees show 5 waves that are completing, the higher the probability that a major reversal is just around the corner.
This is an early warning so prices could still rise further if the patterns 5 extend.

I am anticipate the major resistance is at 0.52 to 0.54 and correction will reach 0.338

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