At this moment, price still hedging below the strong resistance of the upper major green trendline. Looking forward for :-
1) a bullish retracement continuation (breakout) to complete unfinish wave 4 (white/magenta) OR
2) an establishment of subwave i (still in progress) and a small bullish trend to perform subwave ii in wave 5 for a bearish continuation later if wave 4 (yellow) is already completed. This scenario would be invalid if the price make a breakout at 203.70
Preferably, expecting for another bearish continuation trend later to complete wave 5 once wave 4 is completed. Please noted that this scenario only valid if my retracement critical line still intact. Therefore please look for a good bearish continuation signal from BSTS later today before making any entry. Otherwise, we may see a breakout to my retracement critical line for a bullish reversal trend.
Good luck.
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