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Monday, March 1, 2010

Straistasia - Breaking Rising Wedge soon!


StraistAsia--- Chart formation is near breakdown of Rising Wedge!!!!
-di is negatively placed and ADX is poiting upward and increasing strength. avoid catching the falling knife unless you want to shortsell that will be fine.
SL =2.06 or today bar high.
Target = 1.93, 1.86 and 1.81 respectively. ultimate goal 1.63

just for case study, not an inducement to trade

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