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kakola
Mar 2, 2022 2:33 PM

GALA - Gartley and Descending Triangle Long

GALA / US DollarBinance

Description

Price has painted a nice gartley, and you can see this long term triangle being formed. There's actually two triangles here, and depending how bullish it is, either the yellow one will act as support, or it might try for 0.17 again, but that would be like a 50% drop, so probably not.
Fib extensions have given further upside resistances.

Comment

Bummer.
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