WOOUSDT Long 🍉 Accumulation Market with potential
Multi-timeframe Technical Analysis:
Key Areas
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
- D1 Accumulation Stage Market probably but it bounced off from key uptrend structure within the ranging market.
- H4 Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside, noticed it got rejected from the upper trendline so more confirmation could be needed depending on strategy.
Key Areas
- Key Support area: 0.1463 - 0.1734 (Potential Entries)
- Key Resistance area: 0.2638 - 0.3059 (Potential Targets)
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
Trade closed: target reached:
Smashed into profits!