GFTBUSD update

It is actually forming a very clear triangle pattern,
third push is on its way and I am expecting for a upward break, retesting its resistance levels,
I have updated my targets based on recent TR,
and I will close my position at 0.33
Lets see

Trade active:

Let the Party Start

Comment:

Retesting 0.12

Comment:

successfully retested, Continuation toward targets...

Comment:

I just saw an update on gifto twitter account that they will get listed on Kucoin tomorrow!
they are also partnering with Autofarm,
Very Bullish
but dont be greedy and take profit on mentioned targets and increase your SL after breaking every resistance

Comment:

Please adjust your final TP to 0.239-based on daily chart

Comment:

Break out attempt(second push) through the resistance zone(our first TP) has been failed,
Based on current fud on BUSD, and also allowing withdraws on Kucoin, I see a possible retest of 0.075 area if we loose 0.1 which will be my second entry level,

SL remains same and as long as we are above that we are fine.
Just one thing, the more pullback takes, the higher our target will be, So I will definitely update my last target after retest confirmation.

Comment:

for those of you who are waiting for an entry, there is a high chance of breaking wedge on 4 hour and daily chart,
please wait for retest and confirmation.
confirmed break out will lead us to target 2, where we will c correction and trading range between two target 1 and target 2.

Comment:

down trend wedge has been broken,
target 2 is where I am planning to do some scalp trading,

Comment:

by the way, I call my TP3 a magic target, and it remains unchanged:-)

Comment:

Second entry filled,

Comment:

I will keep my position as long as SL is not triggered,