🔥 GALA Rising Wedge: Wait For Trigger
GALA has been one of the leading bulls over the last few weeks. However, a rising wedge pattern has emerged on the chart. Rising wedge patterns are classically bearish reversal patterns.
I'm waiting for a break of the bottom support of the pattern. Targets in blue.
Be patient for the break out, it might very well be the case that it won't come at all and that we keep moving up.
After all, I think that GALA will continue to move up over the next few weeks.
I'm waiting for a break of the bottom support of the pattern. Targets in blue.
Be patient for the break out, it might very well be the case that it won't come at all and that we keep moving up.
After all, I think that GALA will continue to move up over the next few weeks.
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