As expected, I believed a bearish reversal trend already began since the price already break my retracement critical line (magenta) and at the moment, the price already hit my TP 2. A pull back to complete wave b after subwave v in wave a is completed would bolster this scenario as long the previous high at bullish continuation line 2 still intact before another series of downtred movement to complete wave c. At this moment, either we shall see a retracement to complete subwave iv before another downwards to complete subwave v (as long my retracement critical line in cyan still intact) or another continuation to perform an extension for subwave iii. Please study the a, b & c alternate counts in yellow and magenta. Good luck.
Tips :
1) Please look for a continuation for subwave v after subwave iv is completed.
2) And later a reversal signal for wave b from BSTS after subwave v is completed further later on.
1) Please look for a continuation for subwave v after subwave iv is completed.
2) And later a reversal signal for wave b from BSTS after subwave v is completed further later on.
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