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SYS - Hourly Analysis - 20-02-2026

  • Sarfaraz Ahmad

Primary Structure: Bearish Impulsive

Primary Trend:  Bearish

Current Wave Structure:  Bearish Impulsive  

Expectations:  Technically speaking, the decline from the high of the blue wave "I" is too aggressive and is expected to unfold in five waves.  We can count five bearish waves in the red wave "(1)" from the top, which is the first evidence of the trend reversal.  The price sustained below the lower line of the nase channel, suggesting more weakness ahead. More weakness in the price is expected after a small pullback in the red wave "(4)".


Recommendations: Stay Aside.