CLOV - Hourly Analysis - 28-03-2026
Primary Structure: Potential Pullback
Primary Trend: Bearish
Current Wave Structure: Potential Flat.
Expectations: The black wave "I" has unfolded in five waves with a massive triangle in its wave "4".As per the basic rules, a pullback of a minimum of three waves should be expected. The decline from the high in three waves in the blue wave "A". A small recovery may be witnessed, a minimum of three waves in the blue wave "B".Past Trade: We have made 141%.
Recommendations: 4: Target met. Now wait for the pullback.
3: Sell at around 68.
2: Hold the longs.
1: Longs may be considered from 35 to 28 with stops below 12. Targets will be communicated with time.
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