At this moment, please analyse the latest possible alt counts. Please be noted that if the upper green trendline is taken, then I believed market may in progress to complete subwave b in magenta. Preferably, I'm looking forward for another bearish continuation trend refering to the alt count in yellow. Good luck.
Favourably, I'm looking forward for another bearsh continuation trend either referring to the alt count in yellow or magenta. A pullback from the upper green trendline would bolster towards the alt count in yellow. Otherwise, if taken then I believed market in progress to complete subwave b ib magenta. But please be careful for any bullish continuation trend according to the alt count in white. Happy weekends and good luck.
Please be noted that the previous yellow alt count is already invalid. Therefore I did some recounts and please analyse the latest possible alt counts and critical lines. Favourably, I'm looking forward for a bearish retracement trend to perform major corrective wave b either referring towards the alt counts in yellow or magenta. Good luck.
Preferably, I'm looking forward for a bearish retracement trend to perform major corrective wave b either in yellow or magenta. But, please be noted that, wave b should retrace in 5 wave bearish structures. Otherwise if the magenta critical line is taken, then this scenario is invalid. Good luck.
Preferably, I'm looking forward for a bearish retracement trend either to perform wave ii in white or wave i in yellow. But please be careful for any bullish trend and any breakout to the magenta critical line. Good luck.
At this moment, I'm still looking forward for any bearish trend either to perform subwave ii in white or wave i in yellow. Otherwise, we may see another bullish trend to complete wave b in magenta. Good luck.
Preferably, I'm looking forward for further bearish continuation trend either to complete subwave ii in white or subwave i in yellow. A further breakout towards the lower red trendline and white critical line would bolster to the alt count in yellow. Otherwise, we may see a bullish continuation trend once wave ii (white) is completed. Good luck.
Unless market break to the upper green trendline and magenta/yellow critical line, favourably I believed market will perform a bearish continuation trend either referring to the alt count in magenta or yellow. A further breakout to the lower red trendline and white critical line would bolster towards the alt count in magenta. Otherwise a bounce scenario from the lower red trendline would favour toward the alt count in yellow. Good luck.
At this moment, market in still inside the teal triangle pattern. Favourably, I'm looking forward for a bearish continuation trend and a breakout towards the lower red trendline to bolster the bearish retracement trend scenario to perform major corrective b (yellow). But please be careful for any breakout towards the upper green trendline to perform either subwave ii in magenta or subwave iii in white. Happy weekends and good luck.
