GALA falling wedge
Updated
Hi traders
Let"s take a look at GALA chart on the 4 hours time frame. The price has been creating lower highs and lower lows. The price has been in a bearish trend and has been creating the falling wedge pattern. We expect the price to break the downslopimg resistance line to upside. If this happens we would take a long position. Let"s wait until the breakout occurs.
Targets are shown on the chart
Let"s take a look at GALA chart on the 4 hours time frame. The price has been creating lower highs and lower lows. The price has been in a bearish trend and has been creating the falling wedge pattern. We expect the price to break the downslopimg resistance line to upside. If this happens we would take a long position. Let"s wait until the breakout occurs.
Targets are shown on the chart
Note
GALA is getting bullish momentumTrade closed: target reached
technical targets reached.
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