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$GMT – The price is trading within a descending triangle pattern.
Trading Plan Short $GMT
Entry: 0.011801 – 0.012199
SL: 0.015109
TP: 0.01011
TP: 0.010011
TP: 0.0073366
The price is experiencing increasing selling pressure, and the RSI is in the overbought region. A bearish crossover is also visible on the Stochastic Oscillator. A short position is likely to be profitable if the price breaks below the triangle's lower trendline.
Trade $GMT here 👇