Hello Fellow Traders. This is Richard, also known as theSignalyst.
The bulls already took over by breaking above the red trendline.
Now we are in a correction movement, so we will be waiting for the bulls to take over again to start the next bullish impulse.
ðŸ¹Trigger => for the bulls to take over, we need a momentum candle close above the upper red trendline and last major high in gray.
Meanwhile, until the buy is activated, WBT can still trade lower till around the green demand zone again.
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Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich