#w
The momentum wave has started again.....
After a sharp decline to 0.0500, stock W surged with dense candles and a sharp increase in trading volume. The structure shows a strong V-shaped rebound and is now testing the resistance level at 0.0772. This is a high momentum strategy preferred by breakout buyers.
📈 Buy Trade Setup
• Entry Area: 0.0745 - 0.0755
• Take Profit Point 1: 0.0800
• Take Profit Point 2: 0.0860
• Take Profit Point 3: 0.0925
• Stop Loss: Below 0.0700
If the bulls defend this breakout area, stock W could quickly accelerate to a new area. Watch for confirmation of the retest before expansion.