Looking for some upside for GRT now, after a messy week in correcting big moves. I'll be looking for close above the ascending trend line to consider taking long orders. Though i've noted what upside confluence we now have in:
- wicking through and closing back above the 0.618 fib level.
- bullish candles forming at the level in a pinbar, doji and bullish engulfing.
- i also like how as you can see with the arrows, each time we've tapped the dotted line, we've had bullish engulfing candles to follow in the coming days, all in which have resulted in significant percentage gain.
Again, please be patient in the market and avoid taking orders until the setup is fully ready, we'll save so much capital in the long run!
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
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