GRT " W" Pattern Analysis - Buy Zone
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A trader may initiate a long position in GRT with a 15-minute time frame, as the price action is forming an "W" pattern. The entry point is targeted near the 0.3 Fib level at the structure break, with an expected swing high target of $0.2150 and a protective stop loss set at the recent swing low of 1620$. The potential reward to risk ratio is 6.
Trade Setup
Pattern : "W" Pattern
Time Frame : 15 Mins
Entry Fib Level: 0.1806$
Target : 0.2150$
Stop Loss : 0.1760 $
Risk Reward : 7
Trade Setup
Pattern : "W" Pattern
Time Frame : 15 Mins
Entry Fib Level: 0.1806$
Target : 0.2150$
Stop Loss : 0.1760 $
Risk Reward : 7
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