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WLD Forms a Continuation Pattern (4H)

The larger structure is a big diametric pattern, and we are currently in wave F of this diametric.

This wave F appears to be an expanding structure, and we are now in wave d of this pattern.

Wave d is expected to finish in the green zone, after which price is expected to move into wave e, which is aligned with wave F of the diametric.

In the green zone, we are looking for buy/long positions.

The targets are marked on the chart.

A daily candle close below the invalidation level will invalidate this analysis.

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Do you also think WLD is bearish?

İşlem elle kapatılmış

❌ WLD also never reached our entry zone and instead pumped more than 22%, moving toward the projected targets.

Although it did not provide us with an entry opportunity, our bullish outlook on the asset proved to be correct.

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Feragatname

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