4090- Taiba Investments Co. - H1/H4 Analysis - 03-07-2023

Sarfaraz Ahmad
Jul 03, 2023

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave structure: Correction in wave 2.

Expectations: The rise from the lows is significant and can be counted in five bullish waves. According to the basic rules, these bullish waves must be retraced back minimum in three waves which can find support around the mentioned Fibonacci retracement level.
Recommendation: Wait for the pullback in wave 2.

Previously :

4090- Taiba Investments Co. - H1/H4 Analysis - 03-07-2023

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