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CSAP - Hourly Analysis - 24-05-2025

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Pullback. 

Expectations:  The rise from the low has unfolded in five bullish waves as red wave "(1)". The decline from the high may be considered as part of the correction at a higher degree level. The fall is expected to unfold in five bearish waves. More weakness in the price is expected after a small consolidation.

Recommendation: Wait for the structure to complete.

Previously :

Previously :