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LUCK - Hourly Analysis - 11-04-2026

  • Sarfaraz Ahmad

Primary Structure: Potential Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure:  Potential Zigzag

Expectations:  
The red wave "(III)" has unfolded in five waves. It looks like the structure in the red wave "(III)" has been completed now. A pullback at a higher degree level is in play. A temporary weakness in the price is expected after a small recovery in the black wave "b".
 
Alternatively, a triangle may be considered in the case of a prolonged consolidation.


Recommendation: Wait for the pullback.


Previously: