Quote:
Originally Posted by TheRumpledOne
Room to drop on the H1. |
Welcome to the thread and nice chart.
At this moment, please study all the alternate counts (yellow, magenta & white) and don't forget to do your intraday checklist for today. Preferably, I believed market will be in bearish continuation scenario again to complete wave 5 (magenta or yellow) later by this week. A breakout to the lower major red trendline would bolster this point of view.
Please noted that this sceario would only still valid if my retracement critical line stay intact. Otherwise, we may see a bullish continuation refering to the alternate count in white.
Therefore, please look for any bearish continuation signal from BSTS 3 and BSTS 2 later. Make sure only to make an entry once there is a good complete signal from BSTS 2. Good luck and may God blesss us all.