PSO - H1/H4 Analysis - 06-07-2023

Sarfaraz Ahmad
Jul 06, 2023

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave structure: Bullish Impulsive

Expectations: The rise from the low of blue wave ii is aggressive and quick. It can be assumed as blue wave iii OR red wave i as the first wave of blue wave iii. More gains are expected after a pullback

Recommendation: 2: Take the profit (book PKR 20 ).
1: Long positions may be considered around 104 with stops below 99. Keep the targets open, we will be communicating with the passage of time.

Previously :