GMXUSDT on the 4-Hour timeframe executed a short trade setup, successfully hitting TP1 and showing strong momentum to likely reach the remaining targets.
Trade Highlights:
Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator, with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
Trade Highlights:
- Entry: $36.805
- TP1: $30.815 (DONE)
- TP2: $21.125
- TP3: $11.430
- TP4: $5.445
- Stop Loss: $41.650
Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator, with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
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- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
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.
- Supercharge your trading with > Risological.com
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
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.