$WLD long setup: zone 0.3946–0.3966 on the 4H 👀
Watching for buyers to defend this support. A close below 0.383 invalidates the idea.
Why this level:
- 4H price at 0.396, below EMA50 at 0.406, so this bounce attempt matters.
- Risk is 3.1% to stop loss vs 5.0% to last target, good risk to reward here.
- Daily is ranging, but buyers need this level to hold for upside.
LONG zone 0.3946–0.3966 | targets 0.4029, 0.4078, 0.4152 | stop 0.3833
Plan, not advice.
Watching for buyers to defend this support. A close below 0.383 invalidates the idea.
Why this level:
- 4H price at 0.396, below EMA50 at 0.406, so this bounce attempt matters.
- Risk is 3.1% to stop loss vs 5.0% to last target, good risk to reward here.
- Daily is ranging, but buyers need this level to hold for upside.
LONG zone 0.3946–0.3966 | targets 0.4029, 0.4078, 0.4152 | stop 0.3833
Plan, not advice.
