Our bots detection triggered for GAL.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can wait the breakout of the bull flag to buy the retest of the trendline or
We can buy yellow area accoring to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
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Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can wait the breakout of the bull flag to buy the retest of the trendline or
We can buy yellow area accoring to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Did you like our analysis? Leave a comment, like, boost and follow to get more
DO NOT FORGET TO TAKE A LOOK @ MY OTHER CHARTS.
Comment:
22% booked as a sniper
Comment:
GAL
on track
Comment:
GAL bounce or die area. loose this support and $3 next
Comment:
GAL
up
Comment:
GAL back to support
Comment:
GAL 8% up
Comment:
GAL
Comment:
GAL ssup?