WLD on the weekly timeframe appears to be forming an interesting pattern, with price movement still within a descending channel. Currently, the price is starting to approach the resistance area and shows potential for a breakout.
If the breakout is successfully confirmed, the next scenario is to wait for a retest of the breakout area before continuing the uptrend.
🎯 Areas to watch: • Upper resistance/channel • Breakout confirmation • Retest as validation • The next target follows the price structure
⚠️ Disclaimer: This is not an invitation to buy or sell. The analysis is based only on the chart and may change according to market movements. Always do your own research and use risk management.
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