$WLD - price request:
Bearish on the [H4] view ๐
Neutral zone dailyโณ
H1 view: Bearish channel to be monitored ๐
Zooming on the short term view, the current prices are located on the H4 & daily uptrend; we can expect a bullish reaction on the short term (inside the bearish channel)๐
Lower key supports:
2.500$ - 2.200$
Key resistances:
[2.980 - 3.00] - 3.200 - 3.350$
๐กMy sentiment:
Lack of buy pressure, and no strong supports ==> Dump to test lower supports looks more probable! ๐ [medium term]
Key resistance to be monitored: 3.00$
As there are many resistances above, I recommend you to reduce your targets.
Prices could continue to dump in case of trend breakout!
