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4008- Saudi Company for Hardware - H1/H4 Analysis - 11-06-2023

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave structure: Consolidation in blue Wave iv

Expectations:  From the lows, the rise may be anticipated to unfold in five bullish waves which will be the first evidence of trend reversal. More gains are expected to complete the impulse waves after a small consolidation in blue wave iv.
Recommendation:  waiting to complete the bullish impulse waves.

Previously :