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CPHL - Weekly Analysis - 14-02-2025

  • Sarfaraz Ahmad

Primary Structure:  Bullish Expanding Flat

Primary Trend: Bullish

Current Wave Structure: Bullish Zigzag.

Expectations: The drop in red wave "(b)" is in eleven swings as a triple three combination. The structure looks completed. We have witnessed an impressive reaction from the low which is unfolded in five waves. This rise can be measured as 430% from the low of blue wave "2".
A consolidation phase in black wave "b" may be expected to start sooner or later.
Previously :