GMT had broken its descending channel and is retesting it.
GMT/BTC pair is also retesting its trendline.
My setup is as in chart with TPs (blue lines) and SL (red line).
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Note
This is the GMT/BTC pair. Its trendline is also broken and being retested.Trade closed manually
Wait for BTC to bounce from $BER:33K to re-entrerTrade active
I bought GMT here because the retest was done and GMT is bouncing despite BTC's dropNote
Retest of the local trendline and bouncesNote
TP1 $0.2345 done+24% from my entry
Note
TP2 hit ($0.2852)The final one is on-going
Note
Trade closed: target reached
All target reached with 87% since entry. Trade closed :)
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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.
Related publications
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.