WAVES has successfully broken out of its accumulation zone and closed the weekly candle above the key resistance level, signaling bullish momentum.
Trade Setup:
Entry: On breakout confirmation
Stop Loss (SL): 6.36
Take Profit 1 (TP1): 13.63
Take Profit 2 (TP2): 20
With the breakout and strong weekly close, price action suggests the potential for a 100% upside move in the coming weeks. Risk is well-defined with the SL below structure.
Trade Setup:
Entry: On breakout confirmation
Stop Loss (SL): 6.36
Take Profit 1 (TP1): 13.63
Take Profit 2 (TP2): 20
With the breakout and strong weekly close, price action suggests the potential for a 100% upside move in the coming weeks. Risk is well-defined with the SL below structure.
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