AWC can be made with 2 strategies. 1st Strategy : - If you made an order on 5th Feb. 2021 at the closing price, Scenario1 could be applied with Stop1 at Initial Stop and TP1 at Fibo. P. 61.8% of Swing Trade Setup - We believe this is the beginning of Wave 3 or C after breaking out the end of wave b
2nd Strategy : - If you have no any position, you may wait until breaking out the upper range. - This is the Trade Setup of WTZ1 in the bigger picture of consolidation pattern in the trading range. - Scenario2 could be applied with Stop2 at Gap and TP2 at Fibo. E.127.2% of the range.