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MUGHAL - H1/H4 Analysis - 12-06-2023

  • Sarfaraz Ahmad

Primary Structure: Bullish Leading Diagonal

Primary Trend: Bullish

Current Wave structure: Regular Flat in blue wave ii

Expectations:  The drop from the high of the blue wave i approached the expected level. We have witnessed a reasonable recovery so far. A slow rise is expected which may be overlapped.

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


Previously :



previously :