Trading Plan Short $WLD
$WLD lost 1H EMA50 after a clean rejection.
Entry: $0.5720-$0.5840
Stoploss: $0.6220
Targets: $0.5340 / $0.4600 / $0.3650
WLD got slapped at 0.585 resistance. 1H MACD flipped red. Volatility expanding downward on the 1H bands. OI bled 3.2% today while longs stayed trapped. Retail crowded long at 2.1 ratio. Sellers will flush this liquidity pool. Reclaim 0.622, thesis broken.
Trade $WLD here 👇
$WLD lost 1H EMA50 after a clean rejection.
Entry: $0.5720-$0.5840
Stoploss: $0.6220
Targets: $0.5340 / $0.4600 / $0.3650
WLD got slapped at 0.585 resistance. 1H MACD flipped red. Volatility expanding downward on the 1H bands. OI bled 3.2% today while longs stayed trapped. Retail crowded long at 2.1 ratio. Sellers will flush this liquidity pool. Reclaim 0.622, thesis broken.
Trade $WLD here 👇
