4h time frame
-
WLD is on the 4th Elliott impulse wave, that is a correction wave. According to a standard Elliott wave, there is a potential 5th wave coming, which is the final pumping wave since being triggered in Sep. Also, WLD is retesting 0.618 Fibonacci Projection and getting support well here, that allow us to set a trading plan with good RR.
-
TP: 5.7~6.2
SL: 2.993