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Model four point three three drafts better.
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Another classic tactic now is pattern that can give us a clue to the change of direction buyers like
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the name.
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It's basically priced Parenthood makes two pushes to the downside or the upside before reversing.
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This march to turn it here to one two three.
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Just a simple Petar and data versus And the opposite for a trend.
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And this middle line marks the turn right here knowing this pattern will give us a heads up once we
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see that three pushes of the upside.
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We can then expect prices to turn around here especially if this coincides with the nice supply we'll
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hear.
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If you just Google the three dress pattern you'll see a similar image to this.
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Basically they've gone tactical here and this pattern shows that the push is the upside.
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Are an extension of this length here.
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It's a 1.2 7:2 extension and the pullback it's 0.6 wany sixty one point eight retracement.
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I don't usually measure out my moves by as long as I see three push us to the upside and downside that's
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about these measurements I would consider it a valid petar.
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Jim we have a chart of the dollar cat.
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And here is true dress pattern.
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First push second push third push right here kiddies or not one point to seven extensions of the previous
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wave.
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But I consider them to be a valid pattern anyway.
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When used in conjunction with the right level of support or demen you could use it as an extra edge
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to give you a clue that price may change its direction.
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Here's another one.
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First Polish second push turn on.
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Looking at this whole move here.
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This is a corrective wave to impulsively if you're sort of does read Grant's pattern coincides with
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the corrective wave which is a wave that we used and turn on pullbacks.
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It's the same case here that you can see the extended period of trend and this is the pullback the retracement
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OK guys let's move on to the next one to you.
3005
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