Technical analysis by behdark about Symbol GMT on 5/7/2025

This analysis is an update of the analysis you see in the "Related publications" sectionThe previous setup is canceled due to the risk of being left behind.The wave structure has been reanalyzed. It appears that GMT is in a large corrective pattern, likely a diametric, and wave F has completed. Wave F was a symmetrical structure that has now ended.As long as the POI zone holds, the price can move toward the targets. The targets are marked on the chart. This movement is considered wave G of a higher degree.A daily candle closing below the invalidation level will invalidate this view.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank YouIt pumped 18% and reached TP1.