đ $WLD Short Setup â 1H Bear Takeover
The 1âhour chart has turned bearish, and the 15âminute momentum is also negative. RSI is at 36.5, confirming pressure, while 1H volume is down 18% from the previous bullish swing â indicating weak buying power.
Entry Zone: 0.55718â0.55942
TakeâProfit Targets:
- TP1: 0.54642
- TP2: 0.53692
- TP3: 0.52741
StopâLoss: 0.57018 (break above this level invalidates the short thesis)
Question: If the price holds above the stop, should we abandon the short and look for a bullish retest, or stay short and aim for the 0.546 target?
The 1âhour chart has turned bearish, and the 15âminute momentum is also negative. RSI is at 36.5, confirming pressure, while 1H volume is down 18% from the previous bullish swing â indicating weak buying power.
Entry Zone: 0.55718â0.55942
TakeâProfit Targets:
- TP1: 0.54642
- TP2: 0.53692
- TP3: 0.52741
StopâLoss: 0.57018 (break above this level invalidates the short thesis)
Question: If the price holds above the stop, should we abandon the short and look for a bullish retest, or stay short and aim for the 0.546 target?