INDU - Hourly Analysis - 26-04-2025

Sarfaraz Ahmad
Apr 26, 2025

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Bullish Impulsive.

Expectations: The rise from the low of the black wave "IV" is quite aggressive and can be assumed impulsive as it is sustained above the upper line of the base channel. The consolidation in the red wave "(4)" looks completed. A strong rally is expected.

Recommendation: Wait for the pullback.

Previously :