info@marketswaves.com +923455923931

ENGROH - Hourly Analysis - 12-09-2025

  • Sarfaraz Ahmad

Primary Structure: Potential Triangle in Red Wave (b).

Primary Trend:  Sideways

Current Wave Structure: Potential Bearish Zigzag.

Expectations: We are trading in the middle of the massive triangle. The structure in the back wave "b" concluded in three waves as a zigzag. The decline from its high defines its top. The black wave "c" must be unfolded with a minimum of three waves. Having said the weakness in the price is expected as the final wave towards downward is missing.

Recommendation:  Wait for the pullback.

Previously :

Previously :