$WLD looks stretched after the latest push — I’m watching for a rejection and another move lower.
SHORT $WLD — Round 2
Entry: $0.611 – $0.615
SL: $0.6172
TP1: $0.602
TP2: $0.587
TP3: $0.516
The hourly RSI recently reached an extreme 94.9 and is still holding above 85, while price is pressing against the upper Bollinger Band. That combination suggests the move may be overheated and vulnerable to profit-taking.
I’d want to see rejection from the entry zone before committing. If buyers reclaim and hold above the SL area, the short idea is invalid.
Trade $WLD with discipline.
#USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #NvidiaHitsRecordHighUp2.4% #GreekPoliceBustCryptoScamRingArrest17 #RippleLaunchesXRPAsiaInSingapore
SHORT $WLD — Round 2
Entry: $0.611 – $0.615
SL: $0.6172
TP1: $0.602
TP2: $0.587
TP3: $0.516
The hourly RSI recently reached an extreme 94.9 and is still holding above 85, while price is pressing against the upper Bollinger Band. That combination suggests the move may be overheated and vulnerable to profit-taking.
I’d want to see rejection from the entry zone before committing. If buyers reclaim and hold above the SL area, the short idea is invalid.
Trade $WLD with discipline.
#USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #NvidiaHitsRecordHighUp2.4% #GreekPoliceBustCryptoScamRingArrest17 #RippleLaunchesXRPAsiaInSingapore
