🐳 $WLD 4-hour bearish crossover. A couple of thoughts from a position-holder’s perspective:
The bullish momentum histogram has stayed positive for 12 consecutive 4-hour candles, which shows that buyers have been in control during this period. Now buying pressure is starting to fade. The crossover is below the zero line, and the rebound weakened again before it could take shape, so those buying the dip should be patient.
Stay tuned for updates as soon as unusual movements occur.
#WLD
The bullish momentum histogram has stayed positive for 12 consecutive 4-hour candles, which shows that buyers have been in control during this period. Now buying pressure is starting to fade. The crossover is below the zero line, and the rebound weakened again before it could take shape, so those buying the dip should be patient.
Stay tuned for updates as soon as unusual movements occur.
#WLD