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MLCF - Daily Analysis - 26-09-2025

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave structure: Potential Pullback in Red Wave "(4)". 

Expectations:  The rise from the low of the blue wave "2" is aggressive and can be expected to unfold in five waves. The price is settled well above the upper line of the base channel, suggesting more aggression. A pullback minimum of three waves should be expected in the red wave "(4)". This consolidation may find support around the upper line of the base channel, where the 38.2% Fibonacci retracement level also meets.
Previously :

Previously :