GMT has double bottomed at the bottom of this falling channel with price breaking out as well. Coincidentally, this happens to be major support for GMT as well. Wave C is complete and I have my target based off of the pole. We will be set for my target once we break the resistance I have labeled.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, RSI, resistance/support zones, and patterns to create the most probable outcome.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, RSI, resistance/support zones, and patterns to create the most probable outcome.
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