NML - Hourly Analysis - 09-07-2025
Primary Structure: Potential Bullish Impulsive. 
Primary Trend: Bullish
Current Wave Structure: Bullish Impulsive.
Expectations: The rise from the low can be expected to unfold in five waves. The wave "(4)" of this bullish impulsive structure appeared as a triangle. The price has successfully broken the upper line of this contracting triangle. We are expecting a five structure in the red wave "(5)", so more gains are expected. The price can test the 261.8% Fibonacci extension level, where the equality level of the longest waves of the triangle also meets. Gains are on the card.Recommendations: Wait for the upcoming pullback.
