WOO - Potential breakout move above previous month high.
As per Trend X indicator,
WOO has broken above the previous month high and has been retesting that level several times.
If it holds above, there is a high chance of an upwards move towards Resistance 1 and possibly past that level, all the way to Resistance 2 (that would be a ~30% move from entry)
Entry: $0.2392
Stop loss: $0.2277
TP1: $0.2754
TP2: $0.3140
R/R: 6.5
WOO has broken above the previous month high and has been retesting that level several times.
If it holds above, there is a high chance of an upwards move towards Resistance 1 and possibly past that level, all the way to Resistance 2 (that would be a ~30% move from entry)
Entry: $0.2392
Stop loss: $0.2277
TP1: $0.2754
TP2: $0.3140
R/R: 6.5
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.