CSAP - Hourly Analysis - 26-04-2025

Sarfaraz Ahmad
Apr 26, 2025

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Flat in Black Wave "4".

Expectations: The rise from the low can be expected to unfold in five bullish waves. We are trading at the very late stages of this bull cycle. The middle line of the base channel provided support to the wave "4". The rise from its low may continue as the ideal Fib extension level has not been met yet.

Recommendation: Wait for the structure to complete.

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