This WLD/USDT 4-hour chart illustrates a potential bullish breakout opportunity:
The current setup capitalizes on a possible continuation after retesting the key support area (highlighted in grey). Watch for bullish momentum and volume spikes to confirm the trade. Let me know if you'd like any adjustments to the plan!
- Entry: $2.286, following the breakout from consolidation.
- Stop-Loss: Positioned at $1.931 to account for potential false breakdowns.
- Take-Profit: Targeting $2.437 as a resistance area for partial exits.
The current setup capitalizes on a possible continuation after retesting the key support area (highlighted in grey). Watch for bullish momentum and volume spikes to confirm the trade. Let me know if you'd like any adjustments to the plan!
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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.