$WLD UPDATE
Point of no return? ๐จ
The macro outlook is slowly turning bearish. What initially seemed like manipulation now appears to be the first sign of capitulation.
The price is now at a decisive moment, as further decline will invalidate the current structure.
Failing to hold the $3.6-$3.8 level might bring us down to around $3.
A price below $4 will still be a good accumulation zone for the long term.
To regain bullish momentum, I need several confirmations, starting with recovering $4 and then $4.8.
Let's see ๐โ ๏ธ
