LUCK - Hourly Analysis - 15-11-2024
Primary Structure: Potential Irregular Flat
Primary Trend: Bearish
Current Wave Structure: Potential Bearish Impulsive.
Expectations: The structure in black wave "b" may be considered completed as a zigzag. We can count five sub-waves with a massive triangle in red wave "(4)" which itself is evidence that the bull cycle is now completed. Triangles in the impulse cycle appear in the second last wave. We need a strong bearish move with a daily close below 825 to confirm the reversal.
Recommendation: Stay Aside
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Previously :
