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Long
Updated

GAL LOOKS VERY BULLISH (1D)

808
It looks like a double correction has ended (zigzag + triangle)

In the second part of the correction, after wave X, we have a bullish triangle, which now looks like its wave E (which is a contraction triangle) is ending.

Demand range is the right place to enter buy/long position.

We have specified the targets on the image.

Closing a daily candle below the green box will violate the analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
The first target was hit. Our bullish view remains on GAL

snapshot
Trade closed: target reached
All targets were hit
snapshot

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