$WLD A long-term view when looking at a 1-day timeframe: the price is pulling back at a dynamic resistance, forming a candle like an inverted hammer.
If you look at a 1-hour timeframe, the price is reaching a dynamic support. A possible buy window, but you need to wait for the rebound to confirm—or if it breaks that support. My part, as I mentioned above, is that I’m waiting for the price to reach the 0.280 area.
On a shorter timeframe, the price drew a head-and-shoulders man pattern, which is a reversal move to a trend, and depending on its height, the price should reach around 0.300.
If you look at a 1-hour timeframe, the price is reaching a dynamic support. A possible buy window, but you need to wait for the rebound to confirm—or if it breaks that support. My part, as I mentioned above, is that I’m waiting for the price to reach the 0.280 area.
On a shorter timeframe, the price drew a head-and-shoulders man pattern, which is a reversal move to a trend, and depending on its height, the price should reach around 0.300.
