GBLX approaching the Ichimoku cloud possible trend change
GBLX has been releasing good news. I believe we reached a bottom and will break through the resistance at the Ichimuko cloud I'm waiting for a confirmation signal of a trend reversal before adding to my position. our next major resistance at $1.4810 which we tested on July 7, 2014 is around %19.00 percent. I'm going to use support at $1.639 as my stop keeping my risk at only %5.88 percent.
Here is a link below for basic explanation of how to use the Ichimoku technical indicator
youtube.com/watch?v=Y9QM8WRRWzE
Here is a link below for basic explanation of how to use the Ichimoku technical indicator
youtube.com/watch?v=Y9QM8WRRWzE
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