UBL - Hourly Analysis - 07-03-2026
Primary Structure: Potential Bullish Impulsive
Primary Trend: sideways
Current Wave structure: Potential Pullback.
Expectations: We can count five subwaves in the red wave "(III)". A small pullback is required. A temporary weakness in the price is expected. The decline from the high is expected to unfold in five waves as the price is settled below the lower line of the base channel, suggesting more weakness after a small recovery in the blue wave "4".
Recommendations: Wait for the pullback.
Previously: