PSO - Intraday Analysis - 07-02-2025
Primary Structure: Potential Bearish Impulsive. 
Primary Trend: Bearish
Expectations: The decline from the high of blue wave "B" is in five waves as blue wave "i". This drop can be perceived as the first evidence of a major trend reversal. As per the rules, a pullback minimum in three waves should be expected in blue wave "ii" therefore a temporary recovery may be expected sooner or later. The middle line of the termination channel may act as a strong support for the falling price.Recommendation: wait for trade setup.
Previously :