Watching for the continued development of the Elliott wave now that Gala has started to expand. At this time, the retracement entry zone is dependent on where the 5th wave finishes. Price action will be monitored as the candles continue to print.
Comment:
Price is continuing to consolidate in the entry zone. Watch for a potential movement to $0.26 with the current market sentiment.
Comment:
Price got to $0.26 and continued to slide but is currently at a decision point. There is a bit of liquidity below current price which can be taken with a quick wick to the downside.