GMT 100% ?
Updated
Hello trades,
the market is preparing for a big move.
GMT is one of the alts that I think it will shine in this move again.
like another alts, it`s running in a symmetrical triangle, with a target around 100% and 122% from the current price.
For me as a trader, I calculate my stop-loss before the target.
SL : 1 day candle supported with volume under the triangle.
or
TWO 1D candle under the triangle.
I will keep you updated anyway.
Follow for more.
Hope you have a nice day.
the market is preparing for a big move.
GMT is one of the alts that I think it will shine in this move again.
like another alts, it`s running in a symmetrical triangle, with a target around 100% and 122% from the current price.
For me as a trader, I calculate my stop-loss before the target.
SL : 1 day candle supported with volume under the triangle.
or
TWO 1D candle under the triangle.
I will keep you updated anyway.
Follow for more.
Hope you have a nice day.
Note
Re-adjusted my lines.
SL: 2 Daily candle under 0.3050
Trade closed: stop reached
Stopped the trade @0.2970 at the 2nd daily candle
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