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⋅ Hello everyone, if you like the idea, do not forget to support with a like and follow.
NWC is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: NWC formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, NWC would be overall bearish can still trade lower till the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich