GRT - Clean Wedge Pattern! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
GRT has been overall bearish trading inside the red wedge pattern and it lately rejected a demand zone 0.05
🏹 For the bulls to take over, thus have a shift in momentum from bearish to bullish, we need a break above the last major high in blue.
Meanwhile, until the buy is activated, GRT would be overall bearish and can still trade lower inside the demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich