Woousdt trading idea

Updated
Woousdt has experienced a breakout from its ascending structure, followed by a notable pullback. The response from the bulls during this pullback has been significant, leading to a higher high in price accompanied by strong volume.

Currently, attention is directed towards the external supply area, which is expected to act as a zone of resistance in the short term.

Despite this, we have identified a buy-back zone on the chart, should the price present an opportunity. The final setup, an ascending triangle, is clearly depicted on the chart.

Your insights and views on our findings are appreciated. Don't forget to leave your likes.

Thank you.
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