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DFML - Hourly Analysis - 02-01-2026

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave structure: Potential Flat 

Expectations: The decline from the high of the red wave "(5)" may be considered as part of the correction on a higher degree level. This consolidation must appear as a minimum of three waves that could test the golden ratio. Having said that, we are trading in the middle of this correction. Temporary rise is expected in the red wave "(B)". 
 
Recommendations:  Wait for the pullback. 
Previously :

Previously :

Previously :

Previously :