Chart 1H GJ - Preferably, I'm looking forward for a bearish reversal trend to be perform refering to the alt counts in yellow. A breakout to the lower red trendline would bolster towards this scenario. Otherwise please be careful for any unfinish corrective wave b in white or major wave 4 in magenta.
Chart Daily GJ - I believed, market just performed a major bullish retracement trend to complete major wave 4 (white, magenta or yellow). Therefore, I'm looking for any opportunity towards any major bearish continuation trend scenario to complete major wave 5 with condition wave 4 is already completed. A valid diagonal triangle pattern would bolster towards this scenario. So, advisable to look for any good bearish entry signal from BSTS or your trading system.
Last edited by PipsyGirl; 07-09-2009 at 05:18 PM.
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