lwlagrange

GAXY - Bullish Engulfing Candle Possible Reversal

Long
OTC:GAXY   Galaxy Next Generation, Inc
GAXY saw a bullish engulfing candle form on the last hour of trading this signals a move up to test the 0.05 resistance. I expect see the continued formation of lower highs following the trend line . I am looking for the upward lower trend line and the resistance at 0.05 to form a bullish ascending triangle before making an entry.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.