GVT bounces right at the trendline and let's see if it could make a double bottom from here. Wait for confirmation when it breaks out of the falling wedge. If it breaks down from the falling wedge, the next support zone would be 23000-23200.
Based on the increasing RSI, I'm more biased that it will break out of the falling wedge instead of going down.
Based on the increasing RSI, I'm more biased that it will break out of the falling wedge instead of going down.