$WLD remains structurally bullish across higher timeframes, supported by multiple Smart Money Concepts and ICT confluences. The market has produced consecutive bullish Breaks of Structure without any confirmed daily Change of Character, indicating that buyers remain in control. Current price action appears overextended, making a retracement into the 0.5500–0.5650 region more attractive than chasing momentum. This area aligns with a 4H bullish order block, a 15-minute Fair Value Gap, and the expected completion zone of Elliott Wave 4. With significant buy-side liquidity resting above 0.6300, the most probable scenario is a pullback followed by continuation toward higher targets.

📍 Entry Zone: * 0.5500 – 0.5980

(4H bullish order block + 15M FVG + projected Wave 4 retracement zone)

🛑 Stop Loss * Below 0.5180

(below 4H demand zone and structural invalidation level)

🎯 Take Profits

* TP1: 0.6100 → equal highs liquidity sweep / psychological resistance

* TP2: 0.6300 → previous daily high and major buy-side liquidity

* TP3: 0.6800 → projected Wave 5 extension target

* TP4: 0.7500+ → 1.272–1.618 Fibonacci extension if bullish continuation accelerates

Trade $WLD here 👇🏻👇🏻

WLD
WLDUSDT
0.5911
+17.93%