EthanTW

WOOUSDT - Entry timing of Cup and Handle

Long
BYBIT:WOOUSDT   WOOUSDT SPOT
WOOUSDT
1H trend chart
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WOO is forming a cup and handle pattern, and we are approaching to the end of handle.
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 1.6834~1.7032----Fib(1.272~1.382)
b) 1.7458----Fib(1.618)
c) 1.8146----Fib(2)

Stop losses:
a)1.5612-----Red horizontal ray
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