EURUSD Tags the Top of the Pipe / Plus Chart of the Day: Cotton
In Gann’s work the area on a price chart between the .375% and .625% retracements was called “the pipe” because of the two-tier price range the levels often create. In this chart however we chose the numbers 33% and 66% which give us the benefit of measuring the 66% retracement, which in Dow theory is [...]
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March 7, 2011 