WIF/USDT SETUP (DEEP PULL BACK SCENARIO)
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A big IF on WIF, What a line. Haha
Quickly, a Nice setup on Wif just emerged.
The odds are in the favour of the downtrend, however, expectations on a retracement to around the $2.8 region before further downside. A BIG IF.
Taking Note that the $2.4 region serves as a S/R flip too, but my trigger has been initiated on the chart.
Let's see how things unfold.
SCENARIO: BEARISH(MACRO)
ENTRY: $2.73 (SHORT)
SL: FIND A FIT LEVEL FOR YOU, INVALIDATION IS WHAT YOU NEED.
TP: $2.2, $1.4, $1.1
Quickly, a Nice setup on Wif just emerged.
The odds are in the favour of the downtrend, however, expectations on a retracement to around the $2.8 region before further downside. A BIG IF.
Taking Note that the $2.4 region serves as a S/R flip too, but my trigger has been initiated on the chart.
Let's see how things unfold.
SCENARIO: BEARISH(MACRO)
ENTRY: $2.73 (SHORT)
SL: FIND A FIT LEVEL FOR YOU, INVALIDATION IS WHAT YOU NEED.
TP: $2.2, $1.4, $1.1
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