WIF / TetherUS

WIF - Respecting Trend

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Our last post for reference:
WIF - Breakout in Progress


One of the thing we were watching for was if we would get a retest of the triangle. This would flip old resistance into new support. Today we get that retest and have so far closed 2 8H candles directly above the trendline showing buying strength in this range. As long as we do not see an 8H candle close back within the triangle, this should be the start of the breakout.

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