HUGE PROFIT LONG SIGNAL ON GTC
Hi guys, let me share with you this analyse on GTC.
After a long-term price decline, we have a great opportunity here to profit from the weekly trend. We are about to attack the 0.766 level, which is the lowest price level so far. To avoid the risk of not getting filled I plan to open the first orders around the 0,800 lvl.
I expect a bounce here and a profit in the range of 30 to 50 percent. Should the decline continue, the next significant lvl appears to be the 0.350 - 0.400 area hitting our reverse eclipsing box lvl of our backside weekly trend, where I will place a second order of the same size.
This is a position trade on the weekly chart, so the big profit will come after a longer period of time.
I have marked in purple the targets where there will be a significant price drop and it is therefore possible to sell off some or all of the profit. Peace.
After a long-term price decline, we have a great opportunity here to profit from the weekly trend. We are about to attack the 0.766 level, which is the lowest price level so far. To avoid the risk of not getting filled I plan to open the first orders around the 0,800 lvl.
I expect a bounce here and a profit in the range of 30 to 50 percent. Should the decline continue, the next significant lvl appears to be the 0.350 - 0.400 area hitting our reverse eclipsing box lvl of our backside weekly trend, where I will place a second order of the same size.
This is a position trade on the weekly chart, so the big profit will come after a longer period of time.
I have marked in purple the targets where there will be a significant price drop and it is therefore possible to sell off some or all of the profit. Peace.