Long GMT

Oct 31, 2023

GMT had broken its descending channel and is retesting it.

GMT/BTC pair is also retesting its trendline.

My setup is as in chart with TPs (blue lines) and SL (red line).


Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

Oct 31, 2023

Note

This is the GMT/BTC pair. Its trendline is also broken and being retested.

Nov 1, 2023

Trade closed manually

Wait for BTC to bounce from BER:33K to re-entrer

Nov 3, 2023

Trade active

I bought GMT here because the retest was done and GMT is bouncing despite BTC's drop

Nov 4, 2023

Note

Retest of the local trendline and bounces

Nov 6, 2023

Note

TP1 $0.2345 done
+24% from my entry

Nov 25, 2023

Note

TP2 hit ($0.2852)
The final one is on-going

Nov 25, 2023

Note

Nov 26, 2023

Trade closed: target reached

All target reached with 87% since entry.
Trade closed :)