GRT Trade set up

Watching the 200 MA as support zone.

Entry here and lower.

Bullish case: Bounce in between current price in .1627
Target: .18688

Bearish: Bearish Retest of 200 MA and .1627
Target: .1431

Komentarz:

Bearish case Playing out

Komentarz:

Gave a nice bounce off of .5 Fib level.

Watching to see if we trend up towards the 200 MA again and the .382 Fib level as resistance.

If we get a rejection there, I'm looking to open a short.

If we get a bullish breakout of that level (1 HR 200 MA / .382 Fib)

Looking to buy on a bullish retest on lower timeframe
Tight stop loss around .158

Komentarz:

Bearish Case Played Out Again: trend up towards the 200 MA again and the .382 Fib level as resistance

Komentarz:

Price has returned to the .382 Fib level

Zlecenie aktywne:

Long here.

Stop loss just below the 200 MA