Short idea for GALA - triangle (1H)

15 Oca 2022

I would like to share this short idea for GALA. It's moving in a triangle pattern, so now there is a high probability that the price will go down until the bottom support line. The RSI and MACD indicators are also confirming the predicted move.

Trend: downtrend (50 EMA < 100 EMA < 200 EMA on the hourly chart)

Nice and easy trading opportunity.

Entry level: if price goes below 0.341

SL/TP levels are shown on the Short position drawing.

Good luck!

16 Oca 2022

İşlem kapandı: hedefe ulaştı

Good news! The price moved exactly as I predicted.

Profit target reached 5 hours later the idea was published.

Profit: 6.3% (I used 2x leverage)

Congrats everyone who did the same trade!

Cheerz!