Fractal shows similar pattern as last downtrend on the D1. Major support around $30 and possible upside by EOY at $42 which would be good for 40%. Would wait to buy for now and let fractal play out to find previous support level. Will be watching closely over the next month.
WTC just hit the top of the downtrend line and seems to be reverting back. The fractals are very similar to the last time it bounced off the top of the trendline. Possible re-entry closer to bottom of trendline. This is an H4 chart. RSI also headed down.
Interesting setup for GTO on the H1 chart. Almost identical setup before last breakout, 112 bars and 18% gain. Lets see what happens in the next 24 hours...
Also noticed a very similar setup on the RSI. Stars are lining up for a quick 18% gain.
