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  • The target for a retracement following a fifth wave often is doubly indicated by the end of the preceding fourth wave and the 382 retracement point.

    Robert Prechter
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    Alfred John Frost, Robert Rougelot Prechter (Jr.), Robert Rougelot Prechter (1998). “Elliott Wave Principle: Key to Market Behavior”, p.137, Elliott Wave International
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The target for a retracement following a fifth wave often is doubly indicated by the end of the preceding fourth wave and the 382 retracement point. - Robert Prechter
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