The basic concept is I always gave 3 type of possible an Elliot Wave alt counts and you have to analyse from your experience and your trading system which alt counts is more favourable.
Good luck.
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DislikedDear Friend Jebat.,do you mind telling me what are the level 198.04 & 196.85 base upon?Ignored
Dislikedyes, anything is possible. So please always be careful and good luck.
At this moment, I'm looking forward for either a bullish retracement to complete subwave 4(magenta or yellow) or bullish reversal to complete corrective wave a (white). But please be careful for any bearish continuation for subwave 3 or wave 5 extension. especially a breakout towards the major bearish continuation critical line 2. Please confirm from BSTS. Good luck.Ignored
DislikedExcuse me, I have tried to read your chart many times, then I have found bearish continuation critical line and magenta/yellow critical line.
But I still can't find the white line.
Can you pls give us the price (or range) whenever you refer to magenta/yellow/white lines?
BTW, would you be kind enough to point me to the BSTS message just to learn it.Ignored
DislikedI open short position now 192.50 my first target is 191.50 if done 190.90 where I'll go long to 191.90Ignored
DislikedAt this moment market in progress to perform major wave 5 either referring to the alt counts in white (truncated), magenta (truncated) or yellow (impulsive). Please study all possibe alt counts and determine what is your next trading strategy. Advisable to look for a good bullish reversal entry signal to perform major corrective a,b and c from BSTS later once major wave 5 (white or magenta or yellow) is completed. Please be extra careful, since got a good possibility also market to perform a bullish retracement to perform subwave ii in yellow before another bearish continuation to complete subwave iii in 5 (yellow). Good luck.Ignored