Hello traders!
Gala has formed a strong sell pattern.
We can see a J shape pattern. Normally market fall after the first bearish candles but in some cases markets forms a rising wedge pattern at the peak and then drops.
In this case the rising wedge is already broken and i am expecting a dip in GALA.
If the market dips lower and breaks the 0.0720 then the market will retest it and will fall more.
Gala has formed a strong sell pattern.
We can see a J shape pattern. Normally market fall after the first bearish candles but in some cases markets forms a rising wedge pattern at the peak and then drops.
In this case the rising wedge is already broken and i am expecting a dip in GALA.
If the market dips lower and breaks the 0.0720 then the market will retest it and will fall more.