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GATM - Hourly Analysis - 28-12-2024

  • Sarfaraz Ahmad

Primary Structure: Bearish Impulsive

Primary Trend:  Bearish

Current Wave Structure: Bearish Impulsive

Expectations: The consolidation in red wave "(4)" prolonged and appeared as a regular flat in red wave "(4)". The structure looks completed. All we need is a strong bearish move to validate the assumption.

Recommendation: Wait for the structure to complete.