Panjang

GAXY - Bullish Engulfing Candle Possible Reversal

GAXY saw a bullish engulfing candle form on the last hour of trading this signals a move up to test the 0.05 resistance. I expect see the continued formation of lower highs following the trend line. I am looking for the upward lower trend line and the resistance at 0.05 to form a bullish ascending triangle before making an entry.
Chart PatternsTrend Analysis

Penafian