AT-WC - limited upside in ascending triangleIn H4, we observed ascending triangle pattern testing the 0.21 resistance. Stochastic is pointing up with increased volume indicate a possible upside move coming. The price could retest the support first before going up.
The setup is invalidated if price close below 0.150
Take note ATWC is an enormous stock and moves very slow. Only good for those with holding power.
TAYOR
Wc
Wick Catching Short. Expect to test this resistance before a dump to new lows.
Setting bids with Tight SLs.
BTC Spec Long. Wick Catching. Trade Journal:
Expecting a short-term rally after persistent dumping.
1: Expecting to range towards the bottom of the supply zone.
2: Expecting breakout to retest previous support.
3: 1/2 position speculative long with tight SL.
Supporting:
RSI should head into the oversold area.
Bankroll was decimated in a previous trade with no SL in place.
Mental noted to log every trade and have strict in/out zone demarcated.
