GTYR - H1/H4 Analysis - 26-06-2023

Sarfaraz Ahmad
Jun 26, 2023

Primary Structure: Bearish Impulsive

Primary Trend: Bearish

Current Wave structure: Bearish Impulsive in red wave (5)

Expectations: The decline from the high of the red wave (4) can be expected to unfold in five bearish sub-waves. We may witness a new low to conclude the red wave (5). For any reason, if the price moves up and gives a daily close above the yellow dotted line wave 5 may be considered completed earlier than.

Recommendation: Stay Aside.

Previously :