WING - lost the support, what now?WING lost the 3-year support range and dipped to bottom of channel making this complex WXY correction with 1:1 move.
We are oversold so I am expecting bounce up (similarly as we did in May 2020 after loosing support) which will likely test range that we support (ca. fibb 1.272 range) and if we hold there expect breakout of channel and push to test X-wave pivot range.
Moves on WING can be rather fast, only way to play this is with limit orders set upfront on range rather on specific level and hope target is being hit aka orders filled.
