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LUCK - Hourly Analysis - 11-11-2023

  • Sarfaraz Ahmad

Primary Structure: Bullish Zigzag

Primary Trend: Sideways

Current Wave structure:  Potential Pullback red wave "(B)".

Expectations:  
The rise from the low of blue wave "A" can be counted in five bullish waves as red wave "(A)". As per the rules, we must witness a counter move minimum in three waves. Sooner or later this pullback may start which can ted the 61.8% Fibonacci retracement level.

Recommendation:
Wait for the pullback.



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Previously :