Week 5 Update – WLFI (4H)

Week 5 Update – WLFI (4H)

After holding S2 last week, price pushed higher into the red resistance zone, broke above the 50MA, and stopped right at the newly-formed 200MA, sitting perfectly in the middle of that red zone.

Today (Monday), price is testing the bottom of the S1 zone as support, which is now aligned with the 50MA, an important confluence level.

📈 Position:
I’m still long and plan to hold for a longer period, as long as the structure stays intact.

⚠️ Risk Management:
If price closes under S2, I’ll start scaling out to protect capital and avoid liquidation.

Always take profits and manage risk.
Interaction is welcome.