NWC - Wait For The Trigger!
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NWC is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: NWC formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, NWC would be overall bearish can still trade lower till the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NWC is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: NWC formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, NWC would be overall bearish can still trade lower till the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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