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“ART® Chart” # 43 shows when prices broke outside the consolidation
on February 5, 2004.
The market breaks dramatically to the down-side and the bearish
YELLOW “Pyramid Trading Points®” turn RED confirming the new
downtrend. The bullish YELLOW “Pyramid Trading Points®”
disappear because they were never confirmed. Here, the consolidation
went longer and became narrower. In addition, a new aggressive
bearish “Pyramid Trading Point®” formed in the narrowest part of the
consolidation and would have put you short at the best possible point.
“ART® Chart” # 43
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