Due to the breakout at the previous white critical line, I believed market in progress to perform a bearish continuation trend either to complete a truncated wave 5 (white or yellow) or an impulsive wave 5 (magenta). A further breakout to the major bearish continuation critical line 1 would bolster this scenario. Therefore please analyse the latest possible wave alt counts and please be careful for any possibility of the bullish reversal trend if wave 5 is truncated (white or yellow). Good luck and happy weekends.
No comments:
Post a Comment