WLD Market Analysis
The market is following the overall trend and has pulled back. The K-line shows a pin bar phenomenon, indicating a short-term rebound after an oversold condition. No new lows have occurred, and there is no 4-hour reversal signal. From the MACD green bars, we can see that there has been a pullback, indicating a reversal in the smaller timeframe. We need to patiently wait for the market to show a second dip on the 4-hour level. According to the RSI (Relative Strength Index), the fast line has already fallen below 20, and it has started to turn back. We need to patiently wait for a confirmed entry signal.
Summary: Technical indicators and K-line have not yet provided an entry signal; MACD has shown a short-term stop-loss signal, and RSI has already indicated a signal. Cautious investors can afford to wait a bit longer.
Position Building: 2.1-2.2, Stop Loss: 1.95, Take Profit 1: 2.75, Take Profit 2: 3.3.
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