🔥 GALA Bounce Trade: High Probability Setup

GALA has seen massive gains earlier this year. However, since GALA stopped going parabolic it has been trading largely within a well-defined range.

As of now, GALA has successfully bounced from the 0.42 - 0.44 support area. This, combined with the 4H RSI being oversold gives us a high probability setup for a reversal.

I'm looking at the blue lines for potential profit targets.GALA has seen massive gains earlier this year. However, since GALA stopped going parabolic it has been trading largely within a well-defined range.

As of now, GALA has successfully bounced from the 0.42 - 0.44 support area. This, combined with the 4H RSI being oversold gives us a high probability setup for a reversal.

I'm looking at the blue lines for potential profit targets.

Commentaire:

Now with RSI on the chart 😁