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JhonCortas

Trend and neckline break-out pattern

Long
GRT / TetherUS (BINANCE:GRTUSDT)  
JhonCortas Updated   
BINANCE:GRTUSDT   GRT / TetherUS
Support and Resistance Head and Shoulders Trend Lines
6
0
supportandresistance headandshoulders trendline
I set the limit order above the neckline and will set the stop loss at 0.236 Fibonacci level. I will use the Parabolic Sar for trailing stop loss or just put the take profit order on the 0.618 Fibonacci level.
Comment:
The current price is already above the trend line and surpasses the demand zone. We are waiting for ATR spikes that may result bullish momentum, probably after a retest.
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