Technical analysis by dead4586 about Symbol GMX: Buy recommendation (12/8/2023)

There are multiple ways you can trade descending triangles. Now, each method will require a different trading style and preference, so you will need to see if one or any of these approaches work for your trading style.Breakout to the UpsideA breakout to the upside means there is a possible shift from a bearish sentiment to bullish. This strategy will have you buying the break above the channel. It’s recommended that buying into this break should occur after multiple tests of the upper channel line. This will be what we are doing.gmx have had a move upward but do to this chart being remove by TV trade will be considered closed thx guys...ive since reentered gmx. may post an actuall idea later but 22-25$ is an absolute steal for gmx guys..