At this moment, price already break possible neckline of an inverted H & S reversal pattern. A further breakout to the yellow critical line would more favour into either alt counts in magenta or white. Otherwise, a breakout to the bearish continuation line 9 would favour to the alt count in yellow. Preferably, I'm looking for a truncated wave v in 3 scenario refering to alt count in magenta and looking forward for another bullish retracement to complete wave 4 (magenta) before expecting for another bearish continuation to perform wave 5 (magenta). Good luck and happy weekends.
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