View Single Post
  #200 (permalink)  
Old 05-23-2008, 12:49 AM
Jebatfx's Avatar
Jebatfx Jebatfx is offline
Loyal Member
 
Join Date: Feb 2008
Posts: 500
Jebatfx is on a distinguished road
Send a message via Yahoo to Jebatfx
iTrader: (0)
Default

Previous updated forecast due to uploading problem at imageshack. Hereby I upload again the previous updated forecast together with recent forecast. Sorry for the inconvinience.

Yesterday 7.21 pm



Until this moment, 202.60 still hold as a strong support and after a few attempt of test, it still stay intact. Therefore I came out with new case scenario which is represent of diagonal triangle corrective subwave of A B C D & E for completion of wave 4 (magenta/yellow). A triple top pattern would bolster this new scenario (if valid).


Please noted that this new scenario would be invalid if the price make a breakout to my retracement critical line and if this happen, maybe we shall see an alternate white count scenario. So please be carefull before making any entry. Please study BSTS TF 4H, Daily and Weekly chart before making any conclusion. Good luck.



A breakout to my retracement critical point indicated that my previous alt count in yellow/magenta already became invalid and preferable for whitw count (please refer from previous chart). Therefore I need to do a recount as stated in the updated chart. Therefore please study this alternate scenario and look a signal from BSTS for a bearish retracement wave iv before another bullish continuation to complete wave v. Good luck.
__________________

http://asiafxtraders.com/
Welcome To Asia Fx Traders
http://jebatfx.blogspot.com/ Welcome To My Forex Blog - lets change the way you trade


Reply With Quote