WLD – Symmetrical Breakout Meets Daily Channel Resistance

WLD is showing a fascinating dual-structure setup across timeframes — a classic case of momentum building from the lower timeframe into higher-timeframe resistance 📊

🔹 4H Chart: A clear breakout from a symmetrical triangle, signaling potential bullish momentum. If this breakout sustains with volume, short-term upside may follow.

🔸 Daily Chart: Price is still confined within a descending channel. This structure has been respected, and unless it’s broken, the broader trend remains capped.

👀 A potential scenario:

If the 4H breakout holds and the daily descending channel breaks, it could trigger a strong leg upward.

But if price gets rejected at the upper boundary of the daily channel, we may see a fade back into consolidation.

📌 Watch for volume confirmation and reaction near the daily resistance zone. A multi-timeframe breakout could bring explosive momentum.

Stay sharp and manage risk accordingly.