Short $WLD at the 0.3460–0.3472 zone?
Watching for sellers to defend this level. It's below EMA50 and the structure favors them.
What backs it:
- 4H price at 0.347 below EMA50 at 0.386, structure favors sellers.
- Daily's below EMA200 at 0.414, keeping the trend on the downside.
- Risk is 2.1% to SL vs 3.4% to TP3, offering a solid reward.
Entry 0.3460–0.3472 (short)
Targets 0.3422 → 0.3393 → 0.3349
Invalidation 0.3539
Not advice. Your risk.
Watching for sellers to defend this level. It's below EMA50 and the structure favors them.
What backs it:
- 4H price at 0.347 below EMA50 at 0.386, structure favors sellers.
- Daily's below EMA200 at 0.414, keeping the trend on the downside.
- Risk is 2.1% to SL vs 3.4% to TP3, offering a solid reward.
Entry 0.3460–0.3472 (short)
Targets 0.3422 → 0.3393 → 0.3349
Invalidation 0.3539
Not advice. Your risk.
