GALA - Good entry timing and TP/SL

1 thg 2, 2022

GALAUSDT
1H trend chart
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GALA broke out the downtrend line on 1H, and retested it before.
It's kind of support transformation from resistance.
Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below.
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Profit Targets:
a) 0.21050----Fib(1)
b) 0.21925~0.22279----Fib(1.272~1.382)
c) 0.23037----Fib(2)

Stop losses:
a) 0.17948----Red horizontal ray
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