MEBL - Hourly Analysis - 12-06-2026
Primary Structure: Bullish Impulsive
Primary Trend: Bullish
Current Wave Structure: Potential Triangle.
Expectations: The blue wave "III" has unfolded in five waves with fractals. As per the impulse wave rules, a correction may be witnessed at a higher degree level. The price may stay bearish or sideways for some time. A rally is expected after completing the triangle.Recommendations: Wait for the pullback.
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