The crossing of the 4H average (1.2340) over the 1D average (1.2262) generates the signal for the start of a new bullish cycle for WLD. The reversal movement ends with the formation of a perfect Elliot Wave:
The forecast for the next ascending wave for WLD is:
Please note: This forecast is the result of a technical analysis, which should be taken as an indicative investment guide but is susceptible to failure. Use it with caution and good trading practices.