Woousdt trading ideaWoousdt has experienced a breakout from its ascending structure, followed by a notable pullback. The response from the bulls during this pullback has been significant, leading to a higher high in price accompanied by strong volume.
Currently, attention is directed towards the external supply area, which is expected to act as a zone of resistance in the short term.
Despite this, we have identified a buy-back zone on the chart, should the price present an opportunity. The final setup, an ascending triangle, is clearly depicted on the chart.
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