PRL - Intraday Analysis - 03-10-2025
Primary Structure: Potential Bearish Zigzag.
Primary Trend: Bearish
Current Wave Structure: Flat.
Expectations: A pullback of a minimum of three waves was needed in black wave "B". The rise from the low in blue wave "a" may be considered as a flat correction in black wave "B" with a potential triangle in the middle. Having said that, the structure in the black wave "B" may be considered completed, which will be confirmed by a decisive drop in five waves, ideally with a daily close below 35.Recommendations: 2: Target met.
1: If you are holding PRL, the minimum target is 38.
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