$WLD short: can sellers hold 0.396 on the 4H?

I'd rather wait for a tag of the zone than sell into chop. 0.401 is where the idea breaks.

• 4H at 0.396, below the EMA50 at 0.437, trend's on this side
• Daily below the EMA200 at 0.419 backs it too
• Risk 1.3% to SL vs 2.1% to TP3, about 1.6R

SHORT zone 0.3955–0.3963 | targets 0.3927, 0.3906, 0.3875 | stop 0.4012

NFA · DYOR