$WLD 1H SHORT SETUP
WLD is pressing into the upper end of its recent range, but the broader structure remains bearish.
I’m watching 0.05720–0.05800 for a rejection.
SHORT
Entry: 0.05720
SL: 0.05920
TP1: 0.05420
TP2: 0.05120
TP3: 0.04820
R:R: 1.50R / 3.00R / 4.50R
The key level is 0.05800. If sellers defend it, another move toward the lower range becomes likely.
Would you short the rejection or wait for 0.05650 to break?
$WLD
WLD is pressing into the upper end of its recent range, but the broader structure remains bearish.
I’m watching 0.05720–0.05800 for a rejection.
SHORT
Entry: 0.05720
SL: 0.05920
TP1: 0.05420
TP2: 0.05120
TP3: 0.04820
R:R: 1.50R / 3.00R / 4.50R
The key level is 0.05800. If sellers defend it, another move toward the lower range becomes likely.
Would you short the rejection or wait for 0.05650 to break?
$WLD
