Gala Short Idea
We broke the bullish trendline.
Macd historgram is in red and dropping
We also see a Double Top that means we will have clearly correction.
Daily 50 EMA acts as support now
If we close below 0.26 on Daily then we go short to the next liquidity zone.
TP1 0.24
TP2 0.22
TP4 0.20
TP5 0.16
SL Above recent swing high @ 0.33
Leverage 5-10x
We broke the bullish trendline.
Macd historgram is in red and dropping
We also see a Double Top that means we will have clearly correction.
Daily 50 EMA acts as support now
If we close below 0.26 on Daily then we go short to the next liquidity zone.
TP1 0.24
TP2 0.22
TP4 0.20
TP5 0.16
SL Above recent swing high @ 0.33
Leverage 5-10x
Trade active:
My order is activated for a Short position
Comment:
We are in 75% profit, taking 25% out and moving SL to breakeven to make it risk free.
Trade closed: stop reached:
This was closed with tight SL for a very small profit
Moving on.
Moving on.
waiting to see and will update