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Strategies & Market Trends : Humble1 and Swing Trading Friends
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To: hifive who wrote (21482)1/12/2016 12:00:47 PM
From: mad_one   of 41017
 
Hi Five :)

I suspect the number you may have meant is .886, a square root ratio (of .786) that does show up as a turning point often enough to be noted. I have always tagged it as "the last chance saloon" because failure
there means a move beyond 1.0 is highly likely.
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