info@marketswaves.com +923455923931

MCB - Intraday Analysis - 04-11-2023

  • Sarfaraz Ahmad

Primary Structure:  Correction

Primary Trend
: Sideways

Current Wave structure: Bearish Impulsive

Expectations:  The rise from the low of black wave "4" is aggressive and can be counted in five waves which made a new high. It looks like the structure is now completed. We are now in a corrective cycle. Weakness in the price is expected.

Recommendations:  Stay Aside.

Previously :

previously :