The GraphUpdated GRT: Signals for Breakout
Per the chart, for me to be convinced that a breakout/reversal is occurring, I'd like to see full candle closes above the symmetrical triangle and a cross on the daily MACD. We can see things are slowly moving up, but still in consolidation. I'm expecting movement within about a week.
Note
1D candle just barely popped above the triangle. If we get another full close above then all systems ready for launch. MACD is very close to crossing up as well.
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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.