Reverse Head & Shoulder Reversal
Updated
GALA looks like it's ready to prime itself with a beautiful reverse H&S!
If it can break the neckline at 0.83, it's possible to see it reach the local high of 0.91.
If it fails to break the neckline POC, a tumble back to 0.79 and below is possible.
Not financial advice - Just what I'm doing.
If it can break the neckline at 0.83, it's possible to see it reach the local high of 0.91.
If it fails to break the neckline POC, a tumble back to 0.79 and below is possible.
Not financial advice - Just what I'm doing.
Note
Waiting to see what is going to happen. It is trading between 0.80-81.It all depends on the DXY.
If the DXY decides to pump, most if not all of crypto will take a beating.
Note
It has to hold 0.80 and close above it!If fails to do so, trade is invalidated.
Trade closed: stop reached
Invalidated.
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