MEBL - Hourly Analysis - 12-07-2025
Primary Structure: Bullish Impulsive
Primary Trend: Bullish
Current Wave Structure: Potential Bullish Impulsive
Expectations: The price moves higher from the triangle in the blue wave "4", and we are expecting a five-wave cycle may unfold in its fifth wave.. The structure in the red wave "(a)" is maturing. Sooner or later, the process of correction on a higher degree level may begin, which will be confirmed by a daily close in five waves below the 236.Recommendations: Wait for the pullback.
Previously:
Previously:
