POL - Hourly Analysis - 24-05-2025

Sarfaraz Ahmad
May 24, 2025

Primary Structure: Bullish Triangle.

Primary Trend: Bullish

Current Wave Structure: Potential Zigzag

Expectations: The rise from the low of the blue wave "B" can be counted in three waves as a zigzag. The decline from the high of the black wave "d" is in five waves, which confirms the top in place for the said wave. More weakness in the price is expected after a small pullback in the blue wave "B".

Recommendation: Wait, the structure is incomplete.

Previously :