WAXP ANALYSIS (4H)
Updated
Due to the bearish ch and the breaking of the trend line, the waxp chart has a bearish view.
If waxp reaches the supply range, we will look for sell/short positions. We have marked tp on the chart.
Closing 1 daily candle above supply will violate the analysis
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
If waxp reaches the supply range, we will look for sell/short positions. We have marked tp on the chart.
Closing 1 daily candle above supply will violate the analysis
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
Note
After hitting the supply, it dropped 11% so far
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