Long
Potential Rocket +32%
WAX has fallen an entire 1.618 Fib circle and has a good chance to return to the 0.5 standard Fibonacci (red line). It is currently below the 0.236 Fib (green line) there is too options here: wait for it to go the green line and on break up buy until the red line or buy now with a close stop loss and use risk management in your favor so you can either close at the green line or wait for the red one.
Note
Didn't touch the green line, setup invalidated
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.