Gala Short Idea
We broke the bullish trendline.
Macd historgram is in red and dropping
We also see a Double Top that means we will have clearly correction.
Daily 50 EMA acts as support now
If we close below 0.26 on Daily then we go short to the next liquidity zone.
TP1 0.24
TP2 0.22
TP4 0.20
TP5 0.16
SL Above recent swing high @ 0.33
Leverage 5-10x
We broke the bullish trendline.
Macd historgram is in red and dropping
We also see a Double Top that means we will have clearly correction.
Daily 50 EMA acts as support now
If we close below 0.26 on Daily then we go short to the next liquidity zone.
TP1 0.24
TP2 0.22
TP4 0.20
TP5 0.16
SL Above recent swing high @ 0.33
Leverage 5-10x
Note
Invalidate if price close above 0.3270waiting to see and will update
Trade active
My order is activated for a Short positionNote
We are in 75% profit, taking 25% out and moving SL to breakeven to make it risk free.Trade closed: stop reached
This was closed with tight SL for a very small profitMoving on.
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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.