on DAILY: Left Chart
WBT is still sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.
📉 For the bulls to take over long-term, we need a break above the last major high in orange . (around 4.3)
on H4: Right Chart
WBT is forming a channel in red but it is not ready to go yet.
🏹Trigger => for the bulls to take over, we need a momentum candle close above the upper red trendline and last major high.
Meanwhile, until the buy is activated, WBT can still trade lower till around 3.0 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
