🔴 $WLD
/USDT · Bias: Sell
WLD is below EMA50 and EMA200 on the 4-hour chart, so the swing trend is bearish.
Entry: 0.3423927 – 0.3438073
TP1: 0.3310291 (-3.5%)
TP2: 0.3229819 (-5.9%)
TP3: 0.3109110 (-9.4%)
Stop loss: 0.3591945 (+4.7%)
Reason: The 4-hour trend shows that the price is below EMA50 and EMA200, with a bearish alignment, meaning sellers are in control of the short-term trend.
Plan: Close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Where would you place this short trade?
/USDT · Bias: Sell
WLD is below EMA50 and EMA200 on the 4-hour chart, so the swing trend is bearish.
Entry: 0.3423927 – 0.3438073
TP1: 0.3310291 (-3.5%)
TP2: 0.3229819 (-5.9%)
TP3: 0.3109110 (-9.4%)
Stop loss: 0.3591945 (+4.7%)
Reason: The 4-hour trend shows that the price is below EMA50 and EMA200, with a bearish alignment, meaning sellers are in control of the short-term trend.
Plan: Close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Where would you place this short trade?
