Gala broke up from this descending resistance trendline, managed to close 4hr candle above it. Now right on next horizontal resistance at 0,3 and in limbo space between 20 and 200 sma on 4hr chart. Indicators ion 1hr are high, and we could see some cool off time, maybe even retest of the trendline or retest of 20 sma. Could be nice trade, but the real test will be break above 200sma. Keep watching this. Good like traders Like is appreciated
Comment
⋅
Stupid error, replace 1hr and 4hr when I was talking about SMA! Sorry for that
Comment
⋅
So far so good, retested 20sma and that descending trend line. We will see how it will behave now...
Comment
⋅
Nice move, move SL to lock some profit... 17% in 10hrs, I usually trail it with SL..
Comment
⋅
25% in a day, nice trade guys, hope you did it. Perfec hit our resistance level. Indicators high so secure some profit by moving SL up. Congrats guys!