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CLOV - Hourly Analysis - 29-05-2026

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave structure: Potential Pullback

Expectations: The black wave "III" unfolded in five waves. We need a pullback of at least three waves in the black wave "IV". The decline from the high may be considered as part of the correction in the black wave "IV.  More sideways or even weakness in the price is expected on a temporary basis.

Past Trade:
We have made 141%.
Recommendations:  wait for the pullback.