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SYS - Intraday Analysis - 01-06-2024

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Bullish Impulsive.

Expectations:   The pullback in black wave "2" appeared as a double three combination that approached the golden ratio and filled the open gaps. A strong rally is expected. The rise from its low was very expected. The price is sustained well above the upper line of the base channel. The ideal extension level for black wave "3" is nearing. More gains are expected.

Recommendation:  Hold the longs..

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