At this moment, price just bounce back after touched my bearish reversal bias line. I believed wave 5 already completed and preferably looking forward to see a bearish reversal trend to perform the corrective a, b and c later this week. Unless the price make a true breakout to the bullish continuation line 1, this scenario would still valid. Please look for another bearish continuation signal later from BSTS. Good luck.
I'm looking forward for a completion of subwave 5 (cyan) and corrective wave a (magenta or yellow) soon. Preferably, once this completed, I believed price will going upward to perform a corrective wave b 1st. before another bearish continuation to establish major corrective wave in c later this week. Please noted that if the price make a breakout to the bullish continuation line 1, this scenario would be invalid. Good luck.
I believed subwave 5 in wave a is already completed and looking forward for a minor bullish corrective a, b & c (cyan) to complete wave b (magenta/yellow). At this moment, price still inside the teal triangle and advisable to wait for another good entry signal from BSTS later within this few days. Please watch closely the new bearish bias price channel and the other critical lines as stated in the chart. Good luck.
I'm looking forward for a completion of wave b eiher a flat corrective (white) or an expanded flat corrective (magenta or yellow) today before later possible a major bearish corrective of wave c. Please noted that this scenario would only valid if the bullish continuation 1 still intact. A true breakout to the bearish reversal bias line would bolster the bearish reversal point of view. Therefore please monitor a bearish continuation signal from BSTS later. Good luck.
I believed wave b is already completed and looking forward for a major bearish corrective trend to perform wave c. Please do mind to yourself that wave c consist of subwave 1, 2, 3, 4 & 5. Therefore, I'm looking forward for the making of subwave 1 and 2 today and probably we shall see subwave 3 later tomorrow or next week. Also, please noted that this scenario is invalid if there is a true breakout to the bullish continuation line 1. Please wait for a good bearish continuation signal from BSTS later before making any entry. Good luck.
At this moment, price just performed a double top and I believed wave b extension already completed and looking forward for a bearish reversal trend refering to wave c (white/magenta/yellow). I believed its only a false breakout or a bull trap scenario. But only God's know what will happen next. Have a nice day.
Due to the breakout to my bullish continuation line 1 yesterday, I have to come out with a bullish alt count in white. Preferably, I'm still bias towards bearish corrective trend to alt count in magenta or yellow. And I believed yesterday breakout is only a false breakout or a bullish trap scenario. Please refer to BSTS 2+3 tf 4H and Daily. Happy weekends.
