GTYR on the daily timeframe shows a classic Inverse Head and Shoulders pattern forming, indicating a potential bullish reversal. The pattern is well-defined with the left shoulder, head, and right shoulder, and price is currently testing the neckline resistance around PKR 41. A successful breakout above the neckline could trigger a strong upward move, with projected targets around 44.68, 47.60, and ultimately 50.78. Confirmation of breakout and sustained volume will strengthen the bullish case.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.