Refer chart for the GFM Trading idea
- GFM close price today close at .310, 1 bid below the nearest resistance at .315.
- GFM oday in a strong momentum and based on RSI, the momentum in climbing mode and expected to continue it rally tomorrow.
- Be monitor the move of the price and momentum trend.
- Need to break the downtrendline as it can be start of change for current trend direction in short term.
- Strategy to entry can decide whether after break the resistance .0315 or 0.320 with recommended TP on .355/.375 and SL can .295
** Please be noted that this is just FREE IDEA SHARING and not a BUY CALL. Please do your own study before decide to do an entry to any stock.
- GFM close price today close at .310, 1 bid below the nearest resistance at .315.
- GFM oday in a strong momentum and based on RSI, the momentum in climbing mode and expected to continue it rally tomorrow.
- Be monitor the move of the price and momentum trend.
- Need to break the downtrendline as it can be start of change for current trend direction in short term.
- Strategy to entry can decide whether after break the resistance .0315 or 0.320 with recommended TP on .355/.375 and SL can .295
** Please be noted that this is just FREE IDEA SHARING and not a BUY CALL. Please do your own study before decide to do an entry to any stock.
Trade closed: stop reached
as per our original trading, once the price is break SL. we can make a decision to exit and will wait for other opportunity. As can see, the price is failed to break the resistance at .315 and the price is down and break the SL line
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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.
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.