One, daily chart: strong rally shows signs of peaking, high-level pullback imminent
WLD has been rising strongly for several days, with a spike to 1.6487 yesterday followed by a large long upper shadow, a typical signal of capital distribution;
The BOLL channel is significantly widening, the price is far from the middle track, and there is technical momentum for a return to the median axis;
Although the daily MACD is still in a bullish pattern, there are signs of a slowdown in the histogram, and divergence pressure is gradually emerging;
If today's close cannot stabilize above 1.60, the probability of confirming a short-term top is high.
Second, four-hour chart: false breakout confirmed, top formation completed
On the 4-hour chart, WLD has surged continuously from a low of 0.85, with an increase of over 90%, and momentum is severely overdrawn;
In the short term, a peak structure has formed at 1.64, and it has not effectively recovered above 1.56 after the pullback;
The EMA moving average group is beginning to turn and converge, showing signs of a death cross;
The MACD momentum bars have shifted from strong to weak, and top divergence signals are beginning to appear.
Three, one-hour chart: top divergence + death cross resonance, bears control the rhythm
The one-hour chart shows a clear 'peak + pullback' pattern, with a strong confirmation of the top;
Multiple moving averages are converging with a death cross, and short-term rebounds are under pressure;
The MACD green bars are gradually expanding, bearish momentum is strengthening, and there is a possibility of testing previous support levels in the short term.
Four, operational strategy (for reference only)
Direction: Mainly bearish in the short term
Opening range: 1.59-1.60
First Zhi Ying level: 1.57
Second Zhi Ying level: 1.54
Zhi Sun level: 1.63
Five, summary:
After continuous surges, WLD shows a typical stagnation pattern, and the resonance of technical signals across multiple cycles indicates that the top is approaching. At this point, positioning for short positions at high levels offers a good risk-reward ratio and is an important opportunity for short-term speculation.
