WBT - Wait For The Bulls ⏰ Analysis #9/50

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

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

📉 For the bulls to take over long-term, we need a break above the last major high in orange. (around 4.3)

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.

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

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich