WOO has very well performed since the last two weeks with more than 100% raise.
Being rejected at key levels (trendline resistance & Fib 1 level), WOO is correcting.
I'm waiting for entry at Fib 0.786 (higher probability with my current view of market) and Fib 0.618.
If trade will be concluded then the final target will be Fib 2. This target would be adjusted (to higher ones) if the market condition and interest for WOO are better in the next days/weeks.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control
Being rejected at key levels (trendline resistance & Fib 1 level), WOO is correcting.
I'm waiting for entry at Fib 0.786 (higher probability with my current view of market) and Fib 0.618.
If trade will be concluded then the final target will be Fib 2. This target would be adjusted (to higher ones) if the market condition and interest for WOO are better in the next days/weeks.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control
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