WBT - Wait For The Trigger ↗️

25 Oca 2023

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on DAILY: Left Chart
WBT is sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
WBT is forming a channel in red but it is not ready to go yet.

🏹Trigger => for the bulls to take over, we need a momentum candle close above the upper red trendline and last major high in gray.

Meanwhile, until the buy is activated, WBT can still trade lower till the lower bound of the demand zone around 3.0

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich