Applying technical analysis in multiple time frames: $GPRA
Monthly
• Trend and momentum using Joe Rabil Method:
- Step 1 and Step 2 are formed – Mapping (Step 3)
- Watch if MACD can stay above 0 line
Weekly
• Trend and momentum using Joe Rabil Method:
- Step 1, Step 2 and Step 3 are formed (presumptive uptrend); unfortunately, price cannot close above Step 3!!
- 18MA is already cupping around – early sign of change in trend
• Harmonic Pattern: Mapping (Bearish Gartley)
• Elliot Wave: Mapping 12-(345) OR AB-(C)
Daily
• Trend and momentum using Joe Rabil Method:
- Step 1, Step 2 and Step 3 are formed (presumptive uptrend)
- 18MA has crossed 40MA and both are rising + MACD is up – trend confirmation
- Watch if both MA can rise in the same direction with good separation
10M
• To be watched: price action, MA and if MACD can make 0-line reversal if it is down to 0 line.
