DFML - Weekly Analysis - 21-02-2025

Sarfaraz Ahmad
Feb 21, 2025

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave structure: Bullish Impulsive.

Expectations: The red wave "(b)" is completed with truncation. We have decisively broken the descending trend line as red wave "(1)", the first evidence of trend reversal. This rise was followed by an irregular flat in red wave "(2)". A strong bullish impulse wave is witnessed in the red wave "(3)". The price is sustained well above the base channel's upper line, suggesting more gains after a small pullback in the red wave "(4)".

Previously :