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MUGHAL - H1/H4 Analysis - 11-07-2023

  • Sarfaraz Ahmad


Primary Structure: Bullish Leading Diagonal

Primary Trend: Bullish

Current Wave structure: Bullish Zigzag in blue wave iii

Expectations:  The rise from the low is significant and can be assumed as the first wave of the expected zigzag. Sooner or later a pullback is expected in the red wave (b)

Recommendation: 2:Take profit OR hold and add more longs on the pullback.

1:Hold the longs with Stops below 41. Targets will be managed over time.


previously :


Previously :