Long GMT

GMT had broken its descending channel and is retesting it.

GMT/BTC pair is also retesting its trendline.

My setup is as in chart with TPs (blue lines) and SL (red line).


Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

Kommentera:

This is the GMT/BTC pair. Its trendline is also broken and being retested.

Trade stängt manuellt:

Wait for BTC to bounce from 33K to re-entrer

Handel aktiv:

I bought GMT here because the retest was done and GMT is bouncing despite BTC's drop

Kommentera:

Retest of the local trendline and bounces

Kommentera:

TP1 $0.2345 done
+24% from my entry

Kommentera:

TP2 hit ($0.2852)
The final one is on-going

Kommentera:

Trade stängt: målet nått:

All target reached with 87% since entry.
Trade closed :)