At the moment, market just performed another bearish continuation trend rally. Therefore, I believed market in progress to complete major corrective wave C either in yellow (double bottom), magenta or aqua before any potential toward a bullish reversal trend scenario. Good luck.
At the moment, I believe market in progress either to complete a corrective wave b in aqua or major wave 5 in magenta @ yellow. Favorably, I am looking toward a potential of another bullish continuation rally either to complete either a double top major wave 5 in magenta or maybe a new ATH major wave 5 in yellow. Good luck and Stay Safe.
Preferably, I am looking forward for a bearish reversal trend scenario in magenta. A valid descending triangle pattern and follow by a breakout toward the bearish continuation trend line 1 and 2 would bolster to this scenario. Otherwise market may bounce back from the strong support line to complete wave structure either in yellow or aqua. Good luck.
At the moment, I believed market will perform another bearish continuation trend scenario either to complete subwave v/4 in yellow or corrective wave c in aqua. Otherwise, market may going up to complete corrective wave b in magenta (FR 61.8% or a Double Top). Good luck.
At this moment, market already pullback (Bull Trap) from the bullish continuation line 3 and performed a very strong bearish trend. Therefore I am looking forward for a potential of bullish trend either to complete a double top wave 5 in yellow (truncated subwave v) or corrective wave b in magenta. Otherwise we may see another bearish continuation trend to complete wave 4 in aqua. Good luck.
At the moment, I am looking forward for a potential of bullish continuation trend scenario either to complete subwave iii in yellow or aqua. A further breakout to the bullish continuation line 1 would bolster to this scenario. Otherwise, please be careful of a "Bull Trap" scenario in magenta or a breakout toward the bearish continuation line 1. Good luck and stay safe.
At the moment, I am looking forward for a potential of bullish continuation trend scenario either to complete subwave iii in yellow or aqua. A further breakout to the bullish continuation line 1 would bolster to this scenario. Otherwise, please be careful of a "Bull Trap" scenario in magenta or a breakout toward the bearish continuation line 1. Good luck and stay safe.
Preferably, as long the bearish continuation line 1 is remain intact, I am looking towards a potential of bullish continuation rally either in yellow or aqua. A breakout to the bullish continuation line 2 would bolster to this scenario. Otherwise please be careful for any possibility towards a wave 5 truncated scenario in magenta. Good luck and stay safe.
A strong breakout to the upper aqua trendline is necessary to support the potential of another bullish continuation rally to complete wave 5 in yellow. Otherwise we may see a bearish trend either to complete corrective wave e/4 in aqua or subwave iii in magenta. Good luck and stay safe.
