GPS / TetherUS
Long
Updated

GPS Looks Bullish (4H)

532
There are numerous bullish signals on the GPS chart.

A trigger line has been broken, followed by the formation of a bullish CH on the chart.

After the breakout and pullback to the trigger line, the price has formed several support zones, which are fueling its upward movement.

Additionally, a significant order block from the higher timeframes has been cleared.

As long as the demand zone holds, the price could continue moving toward the targets.

A daily candle close below the invalidation level will invalidate the bullish outlook.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting the green box, it pumped over 21% and TP1 was reached.
snapshot

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.