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KSE-100 - H1/H4 Analysis - 24-02-2023

  • Sarfaraz Ahmad



Bears' dominance looks very probable as we are missing the last three waves of wave Y. As long as the index is trading below the red dotted line, we hope to see a break below 38100. The upcoming bearish move can adopt any corrective structure, so be patient and stick to your plan.

Alternatively, the wave X just completed a running flat, which may signal a violent bearish move. In the end, both perspectives indicate that bears will triumph.