$WLD broke its weekly macro trendline and held. That's the kind of structure shift you want to see before a real leg up.
Weekly breakout + retest = continuation setup. If it holds above this level through the next few sessions, the path of least resistance flips bullish. Watch for volume confirmation and clean higher lows.
Invalidation is simple: lose the trendline, lose the thesis. Until then, the setup favors upside.
Weekly breakout + retest = continuation setup. If it holds above this level through the next few sessions, the path of least resistance flips bullish. Watch for volume confirmation and clean higher lows.
Invalidation is simple: lose the trendline, lose the thesis. Until then, the setup favors upside.