Analysis: 
GT has rallied to the 61.8% Fibonacci retracement level ($22.10) from its March 2025 high ($23.50) to its April low ($19.50). This level has historically acted as resistance, and the current price action shows a bearish pinbar rejection. The Stochastic RSI is overbought, and a drop below $21.50 could target the 38.2% Fibonacci level at $20.50.
Trade Plan:
Entry: $21.70 (post-rejection confirmation).
Stop Loss: $22.30 (above 61.8% Fib).
Target: $20.50 (38.2% Fib, ~6.3% downside).
Risk-Reward Ratio: 1:1.5.
Timeframe: 3-7 days.
Indicators: Fibonacci Retracement, Stochastic RSI.
GT has rallied to the 61.8% Fibonacci retracement level ($22.10) from its March 2025 high ($23.50) to its April low ($19.50). This level has historically acted as resistance, and the current price action shows a bearish pinbar rejection. The Stochastic RSI is overbought, and a drop below $21.50 could target the 38.2% Fibonacci level at $20.50.Trade Plan:
Entry: $21.70 (post-rejection confirmation).
Stop Loss: $22.30 (above 61.8% Fib).
Target: $20.50 (38.2% Fib, ~6.3% downside).
Risk-Reward Ratio: 1:1.5.
Timeframe: 3-7 days.
Indicators: Fibonacci Retracement, Stochastic RSI.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.