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Consider very long term, current daily overbought is not necessarily the case in historical terms. Rather reflects continuation.
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Here are a combination of ideas involving an inverted repeat pattern tied to a fibo time synopsis. The two Gann boxes represent the first down then up cycle with count. The count is not related to any method, just PA symmetry. The up cycle is longer but retains a fibo relation to the down cycle. The PA can be predicted to point 8, which is the end of the second cycle.
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