I suppose that WOO has been forming an Accumulation schematic following Wyckoff method. According to my analysis, it'd take months for WOO to be in the range $0.1-$0.3.
Base on this plan with expected main events, I'll look for potential setups.
------------ Info about WOO -------------------
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Note
A H&S pattern formed. I expect a break-down of the neckline in some weeks.Note
It seems that the neckline is about to be broken. I'm searching for a Short setupNote
Short Set-up:Note
The neckline of H&S pattern was broken and is retested. It's likely that this retest will be rejected. I'm still shorting WOO and wait for prices at $0.1 to accumulate it.
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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.