$WLD

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.03.

We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 Moving Average.

Entry price: 1.12

First target: 1.15

Second target: 1.19

Third target: 1.250