MACFL - Hourly Analysis - 06-11-2026
Primary Structure: Potential Flat
Primary Trend: Bearish
Current Wave Structure: Potential Zigzag.
Expectations:
The blue wave "a" has completed in seven waves with a massive triangle
in its middle. This constitutes the first leg of a potential flat at a higher degree
level. A correction at a higher degree level was expected. The decline from the high into the black wave "a" may be considered part of the zigzag. More weakness in the price is anticipated after a small recovery in three waves in the black wave "b".
Recommendations: Stay aside
Previously:
