Thoughts on #WLD
$WLD is forming an ascending triangle on the 4H chart, with price consistently holding the rising trendline while repeatedly testing the horizontal resistance around $0.42. The structure is tightening, and $WLD is currently holding above both the 9 EMA and 50 SMA, keeping the short-term momentum bullish.
A clean breakout and candle close above the $0.42 resistance would confirm the setup and could open the door for another leg higher.
$WLD is forming an ascending triangle on the 4H chart, with price consistently holding the rising trendline while repeatedly testing the horizontal resistance around $0.42. The structure is tightening, and $WLD is currently holding above both the 9 EMA and 50 SMA, keeping the short-term momentum bullish.
A clean breakout and candle close above the $0.42 resistance would confirm the setup and could open the door for another leg higher.
