Due to the further downside movement, I need to made some counting adjustment. Therefore, please analyse the latest update alt counts and preferably, I'm looking forward for a bullish reversal trend referring either to the alt count in white (triple bottom) or yellow. Otherwise if not, we may see a bearish continuation trend according to the alt count in magenta. Good luck.
At this moment, due to further downside trend, I'm looking forward a possibility for the completion of truncated wave 5 (yellow) or an impulsive wave 5 (magenta) before expecting a bullish reversal trend to perform corrective a, b and c. Please be careul for any "throw over" and a bearish trap scenario. Good luck and happy weekends.
Preferably, I'm looking forward for any possiility of a bullish reversal trend within this week. Please be noted that market scenario right now is either wave 5 is already completed (white or yellow) or still in progress (magenta). Please watch closely for any breakout of the triangle. Advisable to look for any bullish reversal signal later from BSTS within this week. Good luck.
At this moment, price already break the major upper green trendline. A further breakout to the bullish continuation critical line 1 and magenta critical line would bolster the bullish reversal trend scenario referring to the akt count either in white or yellow. Otherwise, please be careful for any false breakout scenario and a breakout to the lower red trendline. Good luck.
Preferably, I believed market in bullish reversal trend to perform a corrective wave abc in a (white or yellow) before expecting a bearish retracement to perform corrective wave b (white or yellow). But until now, the magenta critical line still remain intact, therefore a further upside breakout would bolster the bullish reversal trend scenario. But, please be careful for any breakout to the lower red trendline. Good luck.
I believed market in bearish retracement trend to complete subwave 4 in c/a before expecting for another bullish continuation either to complete a truncated subwave 5 (white) or an impulsive subwave 5 (yellow). A further breakout to the upside (magenta critical line) would bolster the bullish reversal trend scenario. Otherwise, please be careful if there is any breakout to the white/yellow critical line. Good luck.
At this moment please be noted that the magenta critical line still intact. Therefore, please be extra careful for any possibility for the bearish continuation trend referring to the alt count in magenta. Preferably, I'm believed market in bullish reversal trend to complete corrective a, b and c (white or yellow). But please be careful again for any possiblity of a truncated scenario according to the alt count in white. Good luck.
At this moment, I'm looking forward for a breakout to the major bullish critical line 1 to bolster the bullish reversal trend scenario. Please be noted that, even if market already in bullish reversal trend, a significant of bearish retracement is needed to perfom a corrective wave b before for another bullish continuation to complete corrective wave c (white or yellow). Otherwise, please be careful for any possibility referring to the alt count in magenta. Good luck.
Preferably, I'm looking forward market to complete a horizontal triangle corrective pattern abcde before expecting a bullish continuation to perform subwave 5 in a (yellow). Otherwise we may see bearish retracement (white) or a bearish continuation trend (magenta). Please watch closely for any breakout to determine which alt counts that may in progress. Good luck.
At this moment, I'm looking forward for a completion of corrective subwave e in 4 before expecting for another bullish continuation trend to perform subwave 5 in a (yellow). But please be careful for any breakout to the lower red trendline which would favour to the alt counts either in white or magenta. Good luck.
