Based on the Elliot Wave Theory, it looks like Wave C just completed. We also have bottom signals like Momentum and RSI which are indicating a reversal to the upside. The next Resistance is at .074 and it’ll be interesting how that plays out. We have to take this step by step. I will reassess Gala once we get there.
TP- .074
Stop - .0645
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
TP- .074
Stop - .0645
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.