View Single Post
  #439 (permalink)  
Old 10-14-2008, 11:34 PM
Jebatfx's Avatar
Jebatfx Jebatfx is offline
Master Contributor and Member
 

Join Date: Feb 2008
Posts: 461
Send a message via Yahoo to Jebatfx
Default



At this moment, I divided market in 3 possible scenario which is :-

1) Magenta - market already completed wave a and in progress to perform corrective wave b.

2) Yellow - market in progress to perform subwave 4 in c in a before expecting a truncated subwave 5 in c in a.

3) White - market in progress to perform subwave 4 in c in a before expecting an impulsive subwave 5 in c in a.

Therefore, overall strategy, advisable to look for any bullish continuation entry signal later from BSTS either to perform wave c in magenta or subwave 5 in yellow and white.

Good luck.
Reply With Quote