GVT 150% Move
On the 1D HTF or Higher Time Frame, GVT has rebounded and any bearish sentiment has been stopped out. Today will be the second day in a row that a Higher High, lower high would have been made – Illustrating a bullish sentiment and a continued run up.
Enter: 0.00125
Saudi Stop Loss: 0.00118 – Risking less than 5 per cent.
Take Profit 1: 50 Per cent of Purchase: 0.0021 – At Fib 0.5
Take Profit 2: 50 Per cent of Purchase: 0.0028 – Above Fib 0.618
This move represents a 175 % Move upwards only risking less than 5 per cent.
Time frame = 3 Weeks.
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