PSO - Hourly Analysis - 15-08-2023

Sarfaraz Ahmad
Aug 15, 2023

Primary Structure: Bullish Zigzag

Primary Trend: Bullish

Current Wave structure: Corrective Pullback

Expectations: The structure in black wave A is completed as impulsive. We may witness a three waves pullback in black wave B which can test the 61.8% Fibonacci retracement level.
Note: Our trade started from 104 and profit was booked at 142. Since we have achieved our targets, we are removing PSO from Hot-Pics for now.

Recommendation: Wat for the pullback.

Previously :