#WLD (1W) — Outlook
WLD continues to follow a large corrective structure after completing its major bullish impulse. Price action suggests the market is still in a long-term bearish cycle, but a short-term recovery move is likely before continuation lower.
Currently, the chart indicates a potential bullish impulse toward the 0.75$–0.77$ resistance zone.
This area acts as a key sell region where strong rejection is expected. If price reaches this level, it could complete another corrective wave before bearish continuation resumes.
Main scenario:
Short-term bullish move toward 0.75$–0.77$
Possible rejection from resistance
Continuation of the broader downtrend afterward
Long-term outlook:
The analysis suggests WLD may eventually form a major accumulation range between 0.0500$–0.0437$, which could become the final bottoming area and the end of the bearish impulse structure.
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