The previous idea for GLMR was successful and after reaching the target we returned to the support level. The price accumulated below the wide range, and after breaking through the accumulation zone formed the Flag trend continuation pattern. During the correction the volumes decreased and the 50MA and 100MA formed a golden section on the 1H timeframe. I expect a fixing above the support level, and then the reching of the target indicated on the chart.
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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.