GVT 80% Move upwards.docx
Ladder buys from 0.0013 to 0.0015. Your Saudi Stop Loss should be at 0.00125. Your take profit should be at 0.00275. This will lead to a 85 per cent move.
Reasonings: GVT or Genesis Vision Technologies has been on our radar and a constant source of profits since December. GVT always radiates to the 8 Dollar Level before pumping to the 26 Dollar level.
On the LTF or Lower Time Frames the Stoch RSI has illustrated that the dumpings have not yet stopped. Especially as their has been a double top at 0.0023 and any successive move beyond that resistance was rejected by the 150 EMA line. The 1D Time frame explains to us that dumping will finish at the 0.0015 level before starting a new move up. The chart also mimics the Heads and Shoulders pattern. Meaning that the entry levels suggested should be inputted as Buy Limits in order for maximum profit. All of this represents an 85 Per cent move.
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