View Single Post
  #92 (permalink)  
Old 03-27-2008, 08:12 PM
Jebatfx's Avatar
Jebatfx Jebatfx is offline
Master Contributor and Member
 

Join Date: Feb 2008
Posts: 327
Send a message via Yahoo to Jebatfx
Default



At the moment, I believed the price will going upwards again to complete either wave 5 and IV (magenta) or wave c (cyan) before start to reverse for a bearish continuation later. As long the major red trendline stay intact, this scenario will be valid. Otherwise if we see a true breakout later to this major red trenline, then it can be considered a bearish continuation trend is already begin and all the previous scenario already become invalid. Please wait for a good reversal signal from BSTS later. Good luck.
Reply With Quote