🚨 Will WLD escape the grip of the downtrend and shock the market? 😱📈
WLD is moving within a falling wedge pattern on the daily timeframe – one of the strongest bullish reversal patterns 🔼
💥 The price is currently testing strong resistance at $1.20
📌 Breaking it with high trading volume could push the price towards:
➡️ $1.32 as the first target
➡️ $1.45 – $1.58 as subsequent targets
⚠️ In case of failure, we could witness a downward correction towards:
🔻 $1.12 then $1.05
🔍 RSI has started to bounce back from the oversold area
📉 The price is moving above the short-term moving averages – an initial sign of optimism
✍️ Analyst's opinion: The breakout is inevitable… but the question is:
Are you ready to ride before the explosion? 🚀 Or will you wait for confirmation? 🤔💬
