On 1 hour time frame, GRT broke the 200 Moving average resistance.
As per the previous data. Every time we break the 200MA in this time frame the price is rapidly increasing. Some traders are expecting and eyeing on this level too.
And in my opinion, I'm expecting same buyers above this level again.
I will catch some position above 200 MA level and I will put stop loss below the recent low in order to protect my capital.
Calculate your risk, trading is a convincing game. Do not but blindly.
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