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The 1:1 Correction variations:

There are 3 distinctive styles of 1:1 CORRECTIVE geometry.

Chapter 8_1

When a trend appears to be established it will keep confirming its direction by not overbalancing to prior corrections of similar swing degree.

In simple terms 1:1 corrections will form first in the minor degree swings, then...

 

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www.pomdy.com/book/price-action-one-day-at-a-time/chapter...

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Uploaded on January 9, 2016