GALA is making CP
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Never risk more than you can afford to lose.
Always DYOR.
GALA ended its pennant and start a rectangle, which emphasis on a CP.
This CP is a sign of ambivalence in future trend which may end to drop ro more likely to a big rally, but as long as GALA has not broken upward the rectangle which is, not only a very strong resiatance in daily time frame ($0.26), but due to crossing downtrend line which is its dynamic trendline make it a little bit hard for GALA to break it up.
In case gala manage to break upward, there is hope it can break several resistance level in daily time frame up to $0.55.
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
GALA ended its pennant and start a rectangle, which emphasis on a CP.
This CP is a sign of ambivalence in future trend which may end to drop ro more likely to a big rally, but as long as GALA has not broken upward the rectangle which is, not only a very strong resiatance in daily time frame ($0.26), but due to crossing downtrend line which is its dynamic trendline make it a little bit hard for GALA to break it up.
In case gala manage to break upward, there is hope it can break several resistance level in daily time frame up to $0.55.
This is personal idea and I am not a financial adviser.
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