GRAVITY Co., Ltd.

$GRVY breakout setup with conflicting signals

Annotated on the chart. Was it not for the heavy volume selling few days back, this would be a chart I would have a great interest in. When the pattern is giving mixed signals, i normally pass on the trade. I currently have 11 long positions on with all well in the green except 1. As such, I'll be passing on this setup but will keep it on my watch list to see how it plays out. I think a few more small body candles right below pattern resistance before the breakout takes place could give the setup higher probability of success.

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