After repeatedly testing and confirming the bottom, WIF broke through the diagonal resistance and formed a reversal structure (CHoCH). It has since returned to the same support zone for a R/S flip. This presents an excellent entry point for a long position.
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.