Logic and goals for $WIF :
The main idea is to play for a price recovery from a strong support zone with targets on testing the nearest liquidity levels and resistance.
TP1: $0.3830 — the first target at the resistance level and FVG zone.
TP2: $0.4196 — testing the Order Block on 1H, where a correction or consolidation is possible.
TP3: $0.4796 — long-term target in the sales zone.
Risk management:
Entry: It should be considered after confirming the price consolidation above $0.3515. This will confirm the strength of buyers and the beginning of the upward momentum.
Stop-loss: It makes sense to place it below the tested support zone, considering the cluster of OB and FVG.
Important:
As long as the price has not surpassed the level $0.3515, the upward momentum is not
confirmed. The current phase is the formation of a potential reversal.
