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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (76574)3/4/2025 4:10:07 PM
From: Doug R  Read Replies (2) of 79432
 
Right back to the signal line. That part is insanely textbook.
Looks like that one negative calibration on the way up tripped things up enough to allow the target line to escape. Had it not, the target line would probably have been hit shortly after 1:30 then return to the signal line.
Re-entering after selling traders at the positive calibration near the bottom began when it became apparent that the target line was escaping.
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