WOOUSDT `` 15x
Price is captured within an ASCENDING channel.
On Weekly TF, we can see a bearish momentum candle, slowed down to a DOJI. Also, on closer look, it's all a correction of the "W"
On Daily and H4 timeframes, we can see regular and hidden divergences respectively, CONFLUENCE with lower edge of channel.
Trendline and resistance already broken on H1.
So, I'm in FOR a BULLISH wave.
Price may still retest the lower border of the channel, but that should be the worst- imo.
On Weekly TF, we can see a bearish momentum candle, slowed down to a DOJI. Also, on closer look, it's all a correction of the "W"
On Daily and H4 timeframes, we can see regular and hidden divergences respectively, CONFLUENCE with lower edge of channel.
Trendline and resistance already broken on H1.
So, I'm in FOR a BULLISH wave.
Price may still retest the lower border of the channel, but that should be the worst- imo.
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