WBT - Wait For The Bulls! ↗️

380
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on DAILY: Left Chart
WBT is sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
WBT is forming a double bottom but it is not ready to go yet.

🏹Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline. Then a movement till around the 5.0 resistance would be expected.

Meanwhile, until the buy is activated, WBT can still trade lower till the 3.0 - 4.0 zone.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Str

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.