WLD price showing bullish PA on daily chart.
Price is retesting a breakout from consolidation range.
If price respect support, WLD could push up. If it gets above 2.47 and manages to hold this level, could see price push up to the major resistance at 3.6.
Keep an eye on price action on lower time frames to time an entry.
Price is retesting a breakout from consolidation range.
If price respect support, WLD could push up. If it gets above 2.47 and manages to hold this level, could see price push up to the major resistance at 3.6.
Keep an eye on price action on lower time frames to time an entry.
Note
price invalidated trade dropping down a level. Looks like a possible entry if the retrace remains bullish
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.