TradingView
luigi360swirl
Oct 10, 2023 2:29 PM

MY WOO DOUBLE PATTERN TRADE Short

WOO / TetherUSBinance

Description

In the past days, I posted an idea about BINANCE:WOOUSDT forming a potential double top pattern. Then, entered with the confirmation of a breakout on the first diagonal support line along with other confluences such as good selling volume and the RSCD (RSI and MACD).

Take profit areas:
1) Price touching the second and the longer diagonal support.
2) Price reaching the neckline support.
3) Price on the 0.5 fib area/ common support line.
4) Stop profit above neckline.

How to Use the TP/SL Split Target Feature on Binance Futures
binance.com/en/s...490baffa564e2f19c7c1
More