I’m going to open a BIG LONG on $WLD here.
TP: $0.5900
SL: $0.5480
Because the reason is simple.
$WLD has been building higher lows, and buyers are pushing price toward the $0.565–$0.568 resistance zone after a strong recovery from lower levels.
That changes the setup for me.
If $WLD breaks above resistance and holds, the move can continue toward $0.5800–$0.5900 pretty quickly, especially if short sellers start getting squeezed.
I’m not buying just because of one green candle.
I’m buying because the structure is starting to turn in favor of buyers.
#Wld
TP: $0.5900
SL: $0.5480
Because the reason is simple.
$WLD has been building higher lows, and buyers are pushing price toward the $0.565–$0.568 resistance zone after a strong recovery from lower levels.
That changes the setup for me.
If $WLD breaks above resistance and holds, the move can continue toward $0.5800–$0.5900 pretty quickly, especially if short sellers start getting squeezed.
I’m not buying just because of one green candle.
I’m buying because the structure is starting to turn in favor of buyers.
#Wld