WDC, 2024-07-01, Short
Context:
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Expected RR (at full) 7.3
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Notes:
- Weekly - Support zone @ 16.06/80.12
- Daily - Trend line (Compression) break; Retracement back to "Last Red" (on Choch)
- 1h - Choch (one bar); "First Red" as entry/stop range
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- Main Target - Weekly Support @ 65.92
- Breakeven stop @ 73.48
- 2/3s out @ 72.49 (Fin ext. 0.618)
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Expected RR (at full) 7.3
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Notes:
- Reduced position size on short sales.
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