Lets make sense of what has been going on in GRT
So, as we can see and as I had tried to analyze in my previous ideas, it did break out of the channel, but we did NOT get as good a boost as one would hope.
In this idea, what I want to do is go over the possible scenario that might make sense for what has been going on with GRT in the past 2-3 days!
What I have come to realize is that I might have been trying to mash all the data into a single channel, rather than making sense of the bigger picture. After zooming out a bit, I realized that we might have two channels rather than one channel. With that, I was able to make sense of the move that we just saw and the resistance that we are facing right now!
Please like the post if you think it makes sense, and feel free to drop a comment to share your thoughts.
-Tushar
In this idea, what I want to do is go over the possible scenario that might make sense for what has been going on with GRT in the past 2-3 days!
What I have come to realize is that I might have been trying to mash all the data into a single channel, rather than making sense of the bigger picture. After zooming out a bit, I realized that we might have two channels rather than one channel. With that, I was able to make sense of the move that we just saw and the resistance that we are facing right now!
Please like the post if you think it makes sense, and feel free to drop a comment to share your thoughts.
-Tushar
Disclaimer
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.
Disclaimer
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.