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Old 03-25-2008, 08:18 AM
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At the moment, price still inside a small teal corrective triangle. I believed the price will make another retracement continuation to complete wave IV, 4 and c (magenta/double top ?) before starting to make a reversal downtrend to complete wave V (magenta). Or it can straight a reversal DT if the price break the major lower red trendline. Another senario is it could be in wave count in white where is the price already in major Bullish Reversal Trend. This only will be confirm IF the price make a true breakout at my major bearish critical line. Preferable - retracement continuation before a major bearish continuation. Tips - wait for a complete bearish continuation(reversal) signal from BSTS later. Have a nice day.
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