gala, which path to folla?

Trend line holding it down! Need to break out of this channel from my last chart! It looks like the omld happened, a bit deeper then expected, but theres a possibility that sharp correction is over. Doesnt mean moon at the moment. The move down could be a subwave of a larger structure. That is the bullish interpretation. The circle could also potentially be an impulse down, which would mean a lower low. Breaking .586 would invalidate that possibility.

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