WTC buy signal
Before anything I have to say that a loss of the 4H higher low will invalidate this entire set up. However if we hold the higher low pattern we should see major continuation to the upside. I am not entering a position until the double top/Fib level is broken with convincing volume. Targets are the yellow boxes. 1/3 each sold at both of the boxes and the rest I will let ride. As long as BTC channels in its current range, or sets up bullish, I think WTC will see continuation. Be patient and wait for the breakout, or buy now and set a stop loss right below the last 4H lower high. Bad R/R if you play it that way though. Buy the breakout. It is also worth it to mention that we may not see much resistance up the the 0.382 FIB level. Major resistance expected around the .5 FIB though. New twitter account, follow me there for more chat updates and daily profit/loss.
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