At this moment, I divided the market into 3 possible scenario (alt counts), which is :-
1) Magenta Count - a truncated wave 5 scenario and expecting to perform a corrective a, b and c later.
2) Yellow Count - another truncated of wave 5 which perform a double top to complete major corrective b.
3) White count - a strong impulsive bullish trend to perform wave 3.
Therefore, please analyse all alt counts with your trading system (BSTS) and determine which one is more preferable. Happy weekends.
No comments:
Post a Comment