Please be noted that due to the breakout, I made a recount referring to the alt counts in yellow and white. Eventhough, favourably market in bullish trend (maybe magenta) but please be extra careful, since I believed market will perform a bearish retracement trend either to complete the latest alt counts either to perform wave in white or major corrective wave b in yellow within this week. A bulllish trap and double top scenario would bolster this scenario. Otherwise we may see another breakout to complete subwave iii in magenta (please refer FE 161.8%). Good luck.
Favourably, I believed market in bearish retracement trend either to perform wave 2 in white or major corrective wave b in yellow before expecting for another bullish continuation trend. Therefore, please watch all critical lines and trendlines for any breakout to confirm. Good luck.
At this moment, I’m looking forward for an opportunity of bearish retracement trend either referring to the alt count in white or yellow before expecting for another bullish continuation trend later. But please be extra careful, since subwave b (cyan) could perform a double top pattern. As long the yellow critical line is remain intact, this scenario would still be valid. Good luck.
Preferably, I believed market in progress to perform corrective subwave b in cyan before expecting for another bearish continuation trend to perform either wave 2 in white or subwave c in b (yellow). But, please be careful for any breakout towards the yellow critical line. Good luck.
Favourably, I’m looking forward for a major retracement trend to perform major corrective wave b in 5 downtrend wave structures according to the alt count in yellow. But, please be careful for any horizontal triangle corrective pattern abcde referring to the alt count in magenta. Therefore, please confirm any possibility trend from BSTS and any breakout later. Good luck and happy weekends.
Preferably, I’m looking forward for a bearish retracement trend either to complete subwave 2 in white or major corrective wave b in yellow. A further downside woudl bolster this scenario. But, please be careful for any upsidea trend referring towards the alt count in magenta. Good luck.
At this moment, I believed the alt count in magenta is already invalid. Therefore, unless there is any bounce from the major lower white trendline (white), I’m believed market will perform a bearish continuation trend to perform subwave iii in b (yellow). Please be careful and confirm which alt counts (either in white or yellow) that is more preferable from BSTS and any breakout later. Please be noted, there will be an NFP announcement this friday. Good luck.
Preferably, I believed market will perform another bearish continuation trend either to complete wave 2 in white or subwave 3 in iii (yellow) before expecting for another bullish continuation trend. A breakout towards the lower white trendline and white critical line would bolster to the alt count in yellow scenario. Otherwise, we may see a bullish continuation trend according to the alt count in white. Good luck.
At this moment, price already break the upper green trendline which bolster towards the alt count in white. But, as long the yellow critical line is remain intact, I’m still looking forward for any possibility towards a bearish retracement trend to perform major corrective wave b in yellow. Please confirm either trend from any breakout/pullback and BSTS later. Good luck.
Please analyse the latest possible alt counts. With condition the yellow critical line is remain intact, I believed we shall see a bearish retracement trend either to complete subwave ii in magenta or subwave iii in yellow. Otherwise a further breakout to the yellow critical line, this would favour towards the alt count in white. Please be careful and good luck.
At this moment, I believed market either in progress to complete :-
Magenta : Bearish retracement trend perform subwave ii in 2 before expecting for another bullish continuation trend. A bounce scenario from the lower white trendline would bolster towards this alt count. or
White : Bearish retracement trend to perform wave 2. A further breakout towards the magenta critical line and lower white trendline would bolster this scenario. or
Yellow : Bearish retracement trend to perform major corrective wave b (double bottom or triple bottom). A breakout towards the white critical line would favour this scenrio.
Please confirm each scenario from BSTS and any breakout/bounce later. Good luck.
Please be noted that unless the lower red trendline is remain intact, I believed we shall see another bearish continuation trend either to complete wave 2 in white or corrective wave b in yellow. A further breakout towards the lower white trendline would bolster this scenario. Otherwise we may see a bullish continuation trend to complete subwave iii in magenta. Please be careful for NFP announcement tonight at 9.30 pm (GMT +8). Good luck and happy weekends.
At this moment, I’m loooking forward for any possibility towards a bearish continuation trend and a breakout to the lower white trendline to bolster the alt count in yellow scenario. But please be careful for any ascending triangle pattern that would favour to the alt count in magenta for bullish continuation trend scenario. Good luck.
Please be noted that even though market is already break the lower white critical line but the magenta critical line is remain intact. Preferably, I’m looking forward for another bearish continuation trend either to complete wave 2 in white or corrective wave b in yellow before expecting for a bullish reversal trend to complete wave c (1H) in 4 (weekly). Good luck.
Preferably, I’m looking forward for a bearish continuation trend to complete either wave 2 in white or major corrrective wave b in yellow. A further breakout to the magenta critical line would bolster this scenario. Otherwise, please be careful for any bullish continuation trend and a breakout to the upper green trendline. Good luck.
Please be noted that I believed the alt count in magenta is already invalid. Preferably, I believed market in bearish retracement trend to perform major corrective wave b either a double bottom or triple bottom scenario. But please be careful for any possibility of bullish continuation according to the alt count in white. A further breakout to the white critical line would bolster the bearish retracement trend scenario. Good luck.
At this moment, please analyse the latest possible alt counts. Please be noted that if the upper green trendline is taken, then I believed market may in progress to complete subwave b in magenta. Preferably, I’m looking forward for another bearish continuation trend refering to the alt count in yellow. Good luck.
Favourably, I’m looking forward for another bearsh continuation trend either referring to the alt count in yellow or magenta. A pullback from the upper green trendline would bolster towards the alt count in yellow. Otherwise, if taken then I believed market in progress to complete subwave b ib magenta. But please be careful for any bullish continuation trend according to the alt count in white. Happy weekends and good luck.
Please be noted that the previous yellow alt count is already invalid. Therefore I did some recounts and please analyse the latest possible alt counts and critical lines. Favourably, I’m looking forward for a bearish retracement trend to perform major corrective wave b either referring towards the alt counts in yellow or magenta. Good luck.
Preferably, I’m looking forward for a bearish retracement trend to perform major corrective wave b either in yellow or magenta. But, please be noted that, wave b should retrace in 5 wave bearish structures. Otherwise if the magenta critical line is taken, then this scenario is invalid. Good luck.
