WIF is is at the completion zone of an informal M-shape structure completing at the 1.13 fib extension. Local price action is showing signs of accumulation with a low, lower low and now higher low.
This provides the lowest risk opportunity to take a long term position.
This is generally quite a high risk trade given it has made lower lows than TGE but if this cycle is real and Friday goes well, I could this this retracing to at least go see the all time .886.
Trade safely!
Thanks!
This provides the lowest risk opportunity to take a long term position.
This is generally quite a high risk trade given it has made lower lows than TGE but if this cycle is real and Friday goes well, I could this this retracing to at least go see the all time .886.
Trade safely!
Thanks!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.