We see GTC moving within a symmetrical triangle pattern.
It had broken above but found resistance at the daily of 2.13.
Now in terms of any type of triangle: symmetrical, ascending, descending
In my experience, it is neither bullish nor bearish.
I would like to wait for a break in either direction before entering a trade.
Back to GTC, it is currently on VAL and Weekly levels, which may act as support.
IF GTC does break above, my Target would be 2.384
Trade Safe Friends <333
It had broken above but found resistance at the daily of 2.13.
Now in terms of any type of triangle: symmetrical, ascending, descending
In my experience, it is neither bullish nor bearish.
I would like to wait for a break in either direction before entering a trade.
Back to GTC, it is currently on VAL and Weekly levels, which may act as support.
IF GTC does break above, my Target would be 2.384
Trade Safe Friends <333
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update on GTC:
GTC sees a failed retest, and also rejection at the weekly level.
bearish indication.
please see updated chart below:
GTC sees a failed retest, and also rejection at the weekly level.
bearish indication.
please see updated chart below:
Keep Watch Eeveryone ;)