After a massive 180% surge, WLD is showing signs of exhaustion and is likely to retrace toward the next major support zone. A pullback into the $1.22 – $1.35 area provides a favorable entry opportunity for continuation of the trend, assuming support holds.
🔹 Entry Zone (Support):
$1.22 – $1.35
🎯 Take Profit Targets:
🥇 $1.65 – $1.85 (prior consolidation and resistance zone)
🥈 $2.40 – $2.65 (upper range resistance / extension target)
🛑 Stop Loss:
Just below $1.10 (below structural support and invalidation level)
🔹 Entry Zone (Support):
$1.22 – $1.35
🎯 Take Profit Targets:
🥇 $1.65 – $1.85 (prior consolidation and resistance zone)
🥈 $2.40 – $2.65 (upper range resistance / extension target)
🛑 Stop Loss:
Just below $1.10 (below structural support and invalidation level)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.