WOO short - swing tradeShorted WOO (again) and looking for the same levels we have been playing lately. The pa has been decent and slow but WOO seems like it will most fast and nicely IF BTC fails to retain its current support levels.
The overall range levels have been respected so far and pa has been decent.
Looking to play with a tight stops as I will be having other big positions open for this week.
Entry 0.1681$
TP 0.1510$
SL 0.1750$ hard stops
IF we break and hold above 0.1725$ I will look to reduce my position.
Overall bearish plan remains the same for now until proven otherwise.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Trade ideas
WOO short - swing trade WOO has been pretty interesting and nice to trade despite our previous swing trade which did not go according to plan. Nevertheless, we are back and I have scalped it pretty decently.
But what is next.....
IF we get back into the range I will be looking to target 0.15$. Getting back into the range (red line) would confirm a deviation.
Trade would be the exact same as the one annotated to the left side of the chart. Bear in mind your RISK MANAGEMENT and do not be too overzealous. Overall pa looks bearish for now so let's see how it plays out once the market opens (NY time).
Entry after clean break below 0.1625$
TP 0.15$
SL above highs of day
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOO swing short - Ranges overview (day trade update) We got taken out on our previous WOO short idea and that is alright. RISK MANAGEMENT in risky aggressive trades is king.
As soon as we got taken out on the short trade, adapted to the market structure and scalped all the way to the top on the smaller time frame. Took a small short scalp back into our liquidity pool (yellow box)
Here is a quick overview of the ranges in which we are playing for the time being. The overall sentiment remains a bearish one within the current ranges.
From a general perspective pa should eventually go to the downside. Personally targeting the lower end of the range sitting around 0.12$
Clear invalidation above 0.1815$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOO short - day trade WOO has given me a great long and short opportunity this week. Basically played the range.
Entered a short with a tight stop. IF we break above the yellow box I will cut the trade.
IF we get into the range I will be looking to target 0.15$.
--- added DXY underneath so you guys can see the confluence ---
Overall trade is an aggressive trade so be aware of your RISK MANAGEMENT and bear in mind the numbers coming out today (PPI, core retail sals, ECB press and US unemployment numbers)
Entry market
TP 0.15$
SL above current liquidity
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOOUSDT (Daily) - Bearish breakoutHi Traders
WOOUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.1415 support level. Only the upward break of 0.1862 would cancel the bearish scenario.
Trade details
Entry: 0.1415
Stop loss: 0.1862
Take profit 1: 0.1139
Take profit 2: 0.0847
Score: 8
Strategy: Bearish breakout
WOO SHORT SETUP After hitting the fvg, bearish order flow has been well transferred to the candles.
Then after the bearish order flow was transferred, we saw a bearish CH.
A dynamic resistance has been formed above the price, which is the place of divorce between descending blocks. As the invalidation level is close, sell/short trades can be attractive.
The main and strong demand is Demand 2, where you should completely exit Sell/Short trades
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WOOUSDTWOOUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 0.1800.
WOO Network (WOO) formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on WOO Network (WOO) with US Dollar pair.
Previously we caught almost 70% pump of WOO as below:
Now on a 4-hr time frame, WOO has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
WOOUSDT again trying go to upThe coin is located at the border of the ascending inclined support level, I expect a rebound of the lower border of the slope due to several factors: purchase volumes are visible in the area of our position set, liquidity is higher at the levels (0.16738, 0.17037, 0.17230)
WOO looks very good for broke resistance level A horizontal level has formed, there are 3 clear touches. The price is consolidating on increased volumes. Potentially, I expect a local preload near the level to confirm the breakdown scenario. I recommend entering with increased activity in the glass upon breaking the level.
WOOUSDT wants the breakout?Falling Wedge Formation : The price of WOOUSDT is currently trading within a falling wedge pattern on the 4-hour timeframe. A falling wedge is a technical chart pattern characterized by converging trendlines that slope downward. This pattern often indicates a potential reversal from a downtrend to an uptrend.
Plancton's Rules Application: As per your analysis and Plancton's Rules, you're considering a new long position if the price successfully breaks out from the dynamic and static resistance levels. A long position involves buying the asset with the expectation that its price will rise, aligning with the anticipated bullish momentum indicated by the breakout attempt.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
✴️ WOO Network 145% Potential Mapped With Full AnalysisWhile this isn't the best looking chart in the short-term, WOO Network is actually pretty strong.
Pause, join me and see what I see.
WOOUSDT D (Daily) TF
13-Aug. was full red for WOO, 14-Aug. was full green; full recovery of the previous day and a close daily above EMA10.
WOO Network hit a low in November 2022 together with Bitcoin and has been printing higher highs and higher lows since. While many Altcoins went on to hit new lows or lower lows in June and July, this isn't the case for this pair.
Here we can see how the support levels each time end up being higher and higher and this is the giveaway signal, a clear declaration of strength.
The first thing this tells us is that this pair is good for long-term hold. If it does not move lower when the time of correction comes, it means that it will hit new highs each time the time comes to move up.
The bullish cross is already visible on the MACD with green histogram.
✔️ I am seeing 0.47 as the target for this wave (145%) with a short/easy/fast stop at 0.30 for 60%, for those who don't want to wait.
We can say there are better charts but almost an entire year of higher lows? The initial wave earlier in 2023 went on for more than 240%, this one should also be good and 2024 massive.
Namaste.






















