The LAB strategy shared earlier has successfully hit its take-profit target this round. After calmly reviewing the charts, the key signal for $WLD is on the hourly timeframe: buyers are still in control, and the elevated ADX reading shows that trend strength remains intact. The daily chart is somewhat mixed, and the four-hour chart is still capped below the moving averages, but the volume structure behind this rebound doesn't look weak. I'm willing to try a long position in this range. The logic is simple: buyers control the short-term action, the strength indicator remains supportive, and a pullback that holds above key levels could offer a chance to buy the dip.
I'd keep the position size light, since the larger trend hasn't fully turned bullish yet. Don't mistake a rebound for a reversal. Once the first target is reached, take half off and move the rest to breakeven, then let the profits run.
🟢 Trade direction: Long
📍 Entry range: 0.3902427 – 0.3921616
🛑 Stop loss: 0.3749132
🎯 Take profit 1: 0.4034189
🎯 Take profit 2: 0.4115634
🎯 Take profit 3: 0.4237801
Survey the vast mountains and seas; observe the market's finest details.
Trade alongside Uncle Xiong and witness the world's gains and losses.
#WLD
Click below to trade 👇
I'd keep the position size light, since the larger trend hasn't fully turned bullish yet. Don't mistake a rebound for a reversal. Once the first target is reached, take half off and move the rest to breakeven, then let the profits run.
🟢 Trade direction: Long
📍 Entry range: 0.3902427 – 0.3921616
🛑 Stop loss: 0.3749132
🎯 Take profit 1: 0.4034189
🎯 Take profit 2: 0.4115634
🎯 Take profit 3: 0.4237801
Survey the vast mountains and seas; observe the market's finest details.
Trade alongside Uncle Xiong and witness the world's gains and losses.
#WLD
Click below to trade 👇