Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
- Looking at GALA on 1D time frame chart we can see a good accumulation phase around 0.5600$ level after the price was trading inside a triangle , a breakout and a positive retest on the upper trendline resistance
suggesting that buyers will take price higher from there,
- I will be waiting to see the daily candle close reaction and will set my long position upon that , meanwhile if buyers failed to push price higher , then price might visit again level support 0.5600$.
Good Luck Traders!
Trade closed: target reached