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SGF - Hourly Analysis - 11-05-2024

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend
: Bullish

Current Wave Structure: Bullish Impulsive.

Expectations:  The drop from the high of black wave "3" is in three waves. The black wave "4" found support above the upper line of the base channel. The rise from its low printed a new high but still the structure is looking incomplete. More gains are expected.

Recommendation:  wait the structure is incomplete.

Previously :

Previously :

Previously :