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Old 04-07-2008, 08:41 PM
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Jebatfx Jebatfx is offline
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I believed wave b still not complete and the price will going upwards later. A true breakout to the upper trendline of teal triangle would bolster this scenario. But if this happen, market got 2 possibility which is :-

1) Price making wave b - still in retracement phase. (maybe a double top) - white count.
2) Price already in bullish continuation - if making a true breakout at my bullish continuation critical line (205.12) - yellow count.

Otherwise we have the 3rd option, which is the cyan count. I’m still waiting a confirmation from BSTS and please wait for a complete signal from BSTS before making any entry. Good lucks.
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