$WOO
- Chart Analysis:
Neutral zone of the daily chart: 0.3180 - 0.2940$
Daily and weekly reviews look good as LS bounced off the prices [D1] and K [W], indicating a possible bullish continuation of the upward movement 📈
With the increase in the weekly review, prices are not ready to break key resistances as they move below a huge cloud⚠️ (neutral)
Key resistances that will be broken [HTF]:
0.3350 - 0.3450 - 0.3800 - 0.3950$
Monthly key 50% Fibonacci at the level of 0.3800$!
I believe a bullish cycle will occur if the weekly candle closes below 0.400$ or the monthly close is above 0.3800$!
As we move into the neutral zone, there are currently no reasons for FOMO and a risky long position!
🔔Considering the view on lower timeframes [H1] - [H2], I think prices will revisit the support zone 0.2850 - 0.2900$! 📉
Many resistances will be broken and [bearish trend deviation]
I tried to develop this analysis to provide you with a global time forecast.
Like if you enjoyed it and will study it! 👍