Gmt had very big pump and honestly it was overbought.
Now it had bos to downside and I think it will reach upper zone (supply zone and then continue to go down)
I expect scenario like drawn on chart.
This is my plan:
I will short when supply zone get reached(if it gets reached soon) and my last tp will be at 2.45 ( I will take profit manually as trade goes)
and then when it reaches demand zone I will long with sl below that zone and tp at 3.6 which should bring over 50% without any leverage and very big rr ratio!
THIS IS NOT FINANCIAL ADVICE,JUST MY OPINION!!!
Now it had bos to downside and I think it will reach upper zone (supply zone and then continue to go down)
I expect scenario like drawn on chart.
This is my plan:
I will short when supply zone get reached(if it gets reached soon) and my last tp will be at 2.45 ( I will take profit manually as trade goes)
and then when it reaches demand zone I will long with sl below that zone and tp at 3.6 which should bring over 50% without any leverage and very big rr ratio!
THIS IS NOT FINANCIAL ADVICE,JUST MY OPINION!!!
