In my most recent GALA post I talked about the massive triangle that GALA is currently trading in. My expectation was that we'd go down to retest the bottom support and reversed from there.
In my view, the reversal has been started. I'm looking for a move towards the top resistance of the pattern. Ideally, we will break through that resistance area with a big green candle, but that's for later.
For now, the yellow area is our target.
In my view, the reversal has been started. I'm looking for a move towards the top resistance of the pattern. Ideally, we will break through that resistance area with a big green candle, but that's for later.
For now, the yellow area is our target.
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