PSO - Hourly Analysis - 30-11-2024
Primary Structure: Expanding Flat in Blue Wave "B".
Primary Trend: Bearish
Expectations: The structure in red wave "(B)" is in three waves as a zigzag. The rise from the low can be counted in three waves with a massive triangle in the middle. It looks like the structure in blue wave "B" is about to be completed. All we need is a strong bearish move in five waves to define the top.
Recommendation: Wait for bearish confirmation.
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