We see GTC moving within a symmetrical triangle pattern.
It had broken above but found resistance at the daily of 2.13.
Now in terms of any type of triangle: symmetrical, ascending, descending
In my experience, it is neither bullish nor bearish.
I would like to wait for a break in either direction before entering a trade.
Back to GTC, it is currently on VAL and Weekly levels, which may act as support.
IF GTC does break above, my Target would be 2.384
Trade Safe Friends <333
It had broken above but found resistance at the daily of 2.13.
Now in terms of any type of triangle: symmetrical, ascending, descending
In my experience, it is neither bullish nor bearish.
I would like to wait for a break in either direction before entering a trade.
Back to GTC, it is currently on VAL and Weekly levels, which may act as support.
IF GTC does break above, my Target would be 2.384
Trade Safe Friends <333
Nota
Will this break act as a SFP?Keep Watch Eeveryone ;)
Nota
update on GTC:GTC sees a failed retest, and also rejection at the weekly level.
bearish indication.
please see updated chart below:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.