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WLD is showing strength above 0.4000 again.
After the recent correction, price is holding well above the 0.3980 support zone. MA5 and EMA7 are both acting as dynamic support, and volume is starting to pick up.
I'm watching for a clean break above 0.4020. If that happens, I think we could see a quick run toward 0.4050 – 0.4080 in the next few hours.
On the flip side, if 0.3980 fails, we might retest 0.3950 before any bounce.
My plan: I'll enter long if 0.4020 breaks with volume. Stop loss at 0.3975. First target 0.4050.
What's your move? Are you buying this level or waiting for confirmation?
#WLD