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CHAS - Hourly Analysis - 30-08-2025

  • Sarfaraz Ahmad

Primary Structure: Bearish Flat

Primary Trend: Bearish

Current Wave structure: PotentialEnding Diagonal.

Expectations: The blue wave "B" completed as an expanding flat. This constitutes the second wave of the bearish flat. The decline from its high is expected to unfold in five bearish waves; possibly it could unfold as an ending diagonal. Having said that, weakness in the price is expected.

Recommendations:  Wait for the pullback in the red wave "(b)".

Previously :


Previously :