GALA is attempting to close wave 4, but it's not uncommon for it to go lower into (0.382) or (0.5) levels. If Wave 4 reaches (0.382) that'll be a textbook perfect wave.
Targets for Wave 5 are the traditional: Wave 5 #1 = 0.618 (~0.41039) typical Wave 5 #2 = 0.786 (~0.42523) nothing to panic about Wave 5 #3 = 1 (~0.44412) Overextended
GALA will present some great trade opportunities in the next 2 days. A big Long of Wave 5, followed by a couple great Shorts of ABC. I'll update with targets for ABC when we're done with Wave 5.
This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades!
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