As I posted a day or two ago, I have an upside bias with only a small retracement. Although a BO/ gap up from the descending triangle is a positive sign, WEAT has just returned to the mean finishing the day with an indecision candle right in the middle of a DARVAS BOX. It may still go either way.
Wait for reaction tomorrow at the anchored VWAP from the Jan low. However a better entry would be the BO of this BOX making a higher high or a retracement to the lower box.
Not trading advice.
Wait for reaction tomorrow at the anchored VWAP from the Jan low. However a better entry would be the BO of this BOX making a higher high or a retracement to the lower box.
Not trading advice.
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