Hey guys, Ive just noticed something about the GRT price chart for a scalp trade maybe.
The last time GRT dipped into oversold on the RSI of the 4 hour chart we say a 40% move. Im assuming something similar may happen here.
My findings are the same on the one hour chart. If we were to hit a 40% move from here, That takes us to around the 2.30-2.50 range. meanwhile breaking key resistances as shown in the graph.
Just an idea.
The last time GRT dipped into oversold on the RSI of the 4 hour chart we say a 40% move. Im assuming something similar may happen here.
My findings are the same on the one hour chart. If we were to hit a 40% move from here, That takes us to around the 2.30-2.50 range. meanwhile breaking key resistances as shown in the graph.
Just an idea.