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Gala breaking upward from inverse head and shoulders pattern

GALA (KRAKEN:GALAUSD)  
DrDovetail Updated   
KRAKEN:GALAUSD   GALA
Trend Analysis Chart Patterns GALAUSD gala Inverse Head and Shoulders Double Bottom Parallel Channel 1daychart 1day
15
5
trendanalysis chartpattern galausd gala inverseheadandshoulders doublebottom parallelchannel 1daychart 1day
Target is 58 cents. Next target after that is retesting the top trendline of the tan channel, aka the double bottom neckline. *not financial advice*
Comment:
Target hit with exact wick precision!
Comment:
Gala has continued its pump and is now breaching the double bottom tan neckline.
Comment:
Often times the initial first breach of neckline ends up dipping back below that neckline but considering how close to perfectly horizontal this neckline is, I can give the same basic estimate for its measured move target no matter where it validates the breakout along the enckline. That target is around 13.37 cents giving the total percentage of gains from both targets once it reaches that of 300%.
Comment:
Gala just closed the most recent daily candle back above the top trendline of the tan channel (aka the double bottom neckline). Nw the follow up candle is currently green and if it also closes above the double bottom neckline then we may see it try to validate the breakout of the channel sooner rather than later as well.
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