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PRL - Hourly Analysis - 23-05-2025

  • Sarfaraz Ahmad

Primary Structure:  Potential Bearish Zigzag.

Primary Trend:  Bearish

Current Wave Structure: Potential Zigzag.

Expectations: The decline from the high is in five overlapping waves as a leading expanding diagonal in black wave "A", which defines the top for the blue wave "4". More weakness in the price is expected after a correction in the black wave "B" that must appear minimum in three waves.

Recommendation:  stay aside.
Previously :

Previously :