🔥$WAXP 2-Hour Reversal Setup! Messy "W" Pattern in Play! 🚀 Spotting a messy "W" pattern (Double Bottom) developing on the 2H timeframe! 📊🔥
Spport down near 0.005324 before pushing up to the center neckline peak at 0.007100.
After a secondary retest holding a higher structural low, momentum is trying to curve up to complete the right side of the breakout!
My Position Strategy ⚡️
🔹 Entry: 0.0065693 (5x Leverage Cross)
🔹 Current Mark Price: 0.0064598
🔹 Target Take Profit (TP): 0.0078900 🎯
🔹 Liquidation Risk: 0.0044146 (Invalidation zone sits way higher near the pattern floor)
If we successfully break and close above the 0.007100 neckline with volume, expect rapid high-energy continuation toward the TP targets! 📈🚀
What are your thoughts here? Holding strong or waiting for the full pattern breakout confirmation? Let me know below! 👇
#FuturesTrading
Disclaimer: This content is for educational and community discussion purposes only and does not constitute investment or financial advice. Trading involves high risk, always DYOR!
Spport down near 0.005324 before pushing up to the center neckline peak at 0.007100.
After a secondary retest holding a higher structural low, momentum is trying to curve up to complete the right side of the breakout!
My Position Strategy ⚡️
🔹 Entry: 0.0065693 (5x Leverage Cross)
🔹 Current Mark Price: 0.0064598
🔹 Target Take Profit (TP): 0.0078900 🎯
🔹 Liquidation Risk: 0.0044146 (Invalidation zone sits way higher near the pattern floor)
If we successfully break and close above the 0.007100 neckline with volume, expect rapid high-energy continuation toward the TP targets! 📈🚀
What are your thoughts here? Holding strong or waiting for the full pattern breakout confirmation? Let me know below! 👇
#FuturesTrading
Disclaimer: This content is for educational and community discussion purposes only and does not constitute investment or financial advice. Trading involves high risk, always DYOR!
