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AVN - H1/H4 Analysis - 26-06-2023

  • Sarfaraz Ahmad


Primary Structure: Leading diagonal in the wave a

Primary Trend:  Bearish

Current Wave structure: Bearish Zigzag in blue wave 5

Expectations:  The drop from the high of blue wave 4 can be counted in three waves as a zigzag that is unfolding its final waves. A daily close above 51.35 will confirm the reversal
If the drop extends the whole wave count may be changed.

Recommendation: Wait for bullish confirmation.


Previously :


Previously :