EuroMotif

GRT sitting in tight range, look for Break Out entry

EuroMotif Mod Uppdaterad   
COINBASE:GRTUSD   The Graph
GRT sitting in a tight range, looking for a Break Out.
I prefer break- and-retest entry, others go on break.
Bulls need to flip the first red zone input support asap.

See "Related Ideas" below for info about my methods.

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Kommentera:
Still bouncing inside the channel bound by strong fibs
Zoom IN (15min) for closer look at the zones we just smacked into the ceiling again, this time with a "Ping" (exact reflection off fib).

That may be a bad sign for bulls, because:
"Not every Ping starts a Reversal,
but Most reversals start with a Ping".

So watching closely here

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Kommentera:
Broke out and Flying!
Next target/barrier is Golden fib at $ 0.2341.
What happens there will be quite telling.
Probably reject at first, see if we can break.

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the Golden Ratio is my Religion
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