The IDOL move we talked about earlier has already delivered solid gains, and those who kept pace should have felt it too. The real breakout often comes after a period of disagreement. $WLD The bulls and bears are sharply divided right now, but the four-hour structure still looks weak to me. Price has been held down by the moving averages, and each rebound has been weaker than the last. We should keep a close eye on this kind of price action.
There’s no convincing support on the one-hour chart either, and selling pressure is clearly strong in the resistance zone above, so a move lower seems more likely. Take note: price is some distance from the moving averages, so a rebound along the way is perfectly normal. Don’t rush to chase it—waiting for price to return to the resistance zone before acting is a safer approach. $WLD
🔴 Trade direction: Short
📍 Entry range: 0.3278552 – 0.3284659
🛑 Stop loss: 0.3351290
🎯 Take profit 1: 0.3229343
🎯 Take profit 2: 0.3194501
🎯 Take profit 3: 0.3142238
No need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and make every moment count.
#WLD
Click below to trade 👇
There’s no convincing support on the one-hour chart either, and selling pressure is clearly strong in the resistance zone above, so a move lower seems more likely. Take note: price is some distance from the moving averages, so a rebound along the way is perfectly normal. Don’t rush to chase it—waiting for price to return to the resistance zone before acting is a safer approach. $WLD
🔴 Trade direction: Short
📍 Entry range: 0.3278552 – 0.3284659
🛑 Stop loss: 0.3351290
🎯 Take profit 1: 0.3229343
🎯 Take profit 2: 0.3194501
🎯 Take profit 3: 0.3142238
No need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and make every moment count.
#WLD
Click below to trade 👇