GALA / TetherUS
Long

GALA token broke out bearish pennant for a big pump

31
Hi dear patrons, hope you are well and welcome to the new trade setup of GALA token.

Previously we had a nice trade of GALA:
GALA broke out falling wedge | A good buying opportunity


A few days ago I shared a harmonic trade setup for GALA which is still valid and in play:
GALA formed bullish Gartley for upto 50% move




Now on a 12-hour time frame chart, GALA has broken out a bearish pennant:
snapshot

Buy between: $0.0825 to $0.0875

1st target:
$.093

2nd target: $0.107

Final target: $0.1185

Stop loss: Stop lose below 0.0810


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade

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.