$WIF Breakdown Alert – Rising Wedge Cracks at the Top!
$WIF has broken down from a rising wedge — a classic bearish pattern. After touching the upper trendline and failing to push higher, sellers stepped in hard. If momentum continues, a deeper pullback is likely.
Bearish Trade Setup:
• Entry Zone: $1.03 – $1.05
• Stop Loss: Above $1.10
• Target 1: $0.95
• Target 2: $0.90
• Target 3: $0.85
This structure suggests exhaustion from buyers. A confirmed rejection below $1.03 opens the door for sharp downside. Watch price action closely — the next few candles are key.