$GRASS H4 Bullish Idea Update.
I got a breakdown on the symmetrical triangle pattern I previously drew as price went on a -13.05% decline, but it bounced off the 50% of the Bu-OB, which is also a bearish pivot for me.
I included this lower trendline now which could be a retest point for this current bounce trend, wherein market could try and mitigate the recently created Be-OB.
In the event it does mitigate successfully, price will find itself trading above $3 zone again and could go on to try and enter the Fib golden zone.
Eyes on a sustained trading above $2.6924 as it will signify a VAH break.
Signal line has made a bearish crossover, but the weakened sell volume bar is still giving hope for a potential bounce here, as MACD looks curving up for a probable GX soon if bullish momentum continues.
Still aiming for a swing target towards the 200% extended Fib level.