WDC: potential topping structure

20 Okt

Price continues to act in line with the trend structure suggested in the October analysis. As long as price remains below today’s low, I’m watching for downside continuation toward the 108–103 support zone in the short term, with potentially lower targets in the mid-term.

Chart:

Previously:
On downside potential (Oct 9):
Chart:
see in weekly review: https://www.tradingview.com/chart/BITF/MXF8r9gK-Weekly-Chart-Review-Oct-6-10-2025/

29 Okt

Nota

WDC price negated the previous hypothesis of a lower high and broke out to new ATH. It might be forming an ending diagonal to complete the uptrend that started in April. If that’s the case, we could still see a few more higher lows developing into the 155–160 zone before the structure fully completes.

Chart: