GRT has formed a descending channel inside of an ascending channel!Ascending channel is actually a bearish pattern and a descending channel is a bullish pattern!
This does not mean it always goes that way, if it did we would all be billionaires, set alerts trade accordingly
Note
GRT broke down as you can see the red 200MA could be a really good entry, I have set limit orders there GL Note
GRT nice reclaim here and is potentially printing a inverse head and shoulders pattern! 
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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.