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$GALĀ M5 Bullish Idea
ā¢ Market sideways, trading just above M5 EMA200.
ā¢ EMA GX possible in play, just needing more reaction from buyers.
ā¢ Market trading above bullish NT.
ā¢ Market above POC; trying to sustain a break from current structure's 75% key trendline resistance. In case of successful breakout, expecting an entry on Fib's golden zone and a test on the VAH.
ā¢ TFO signaling overbought conditions, could make a pullback just above the overbought line and bounce for more upward push.
Key break points to WOF:
ā¢ $4.6456
ā¢ $4.7138
ā¢ $4.7796