$GALA — Bearish price action coming?

Gala's price chart and technical indicators present a bearish scenario.

➡️ GALA formed a reversal candle on May 18, followed by a large bearish engulfing candle.

➡️ Historically, this pattern on the daily chart has a high winning rate of 100% after 3 appearances.

➡️ Technical indicators also seem to be decreasing. Especially trend indicators signal a bearish scenario. Momentum indicators on the other side are yet to show a reversal.

Both factors point to a continuing downtrend.