GRSE : Long (daily chart) Bollinger Bands: Price has moved from the middle band to the upper band and is now closing strongly near the upper band. This shows bullish strength and expanding momentum. Bands are also widening, which means volatility is increasing in a positive way.
Volumes: Recent candles show rising green volume, which supports the upward move. When price goes up with strong volume, it means buyers are active and confident.
RSI: RSI is around 69, which means strong momentum. It is approaching the overbought zone but still healthy. This tells us buyers are in control, but a small pullback can come anytime.
ADX: ADX is near 23, which means the trend is starting to strengthen. It is not extremely strong yet, but it is improving—this is a positive sign for swing traders.
Trade Plan (Simple and Practical)
Entry:
Wait for a small dip or consolidation near 2800–2850.
This is safer than entering at the top of the candle.
Stoploss (SL):
Keep SL below recent swing support:
➡ 2680
Targets:
🎯 Target 1: 3000
🎯 Target 2: 3150
🎯 Target 3 (extended): 3300
Holding Period:
7–15 trading days (based on current momentum and volatility)
📚 Educational Purpose Only — Not Buy/Sell Advice
