$WLD Short 75x – This level is still holding.
WLD is dropping from the zone 0.61372–0.61648, so I just opened an isolated Short position at 75x.
Trading plan:
- Entry: 0.61372 – 0.61648
- TP1: 0.60219 (R:R 1:0.7)
- TP2: 0.59358 (R:R 1:1.2)
- TP3: 0.58066 (R:R 1:2.0)
- SL: 0.63232
Why this strategy?
- The 4-hour short setup remains unchanged, and the daily structure is still within range as the price reacts from 0.61372–0.61648 around 0.61510.
- The 15-minute RSI is at 71, leaving room for sellers to push lower from this elevated level.
- Volume on the 15-minute is 2.98x, with 10.42M circulating compared to 3.49M expected, confirming real selling interest.
WLD is dropping from the zone 0.61372–0.61648, so I just opened an isolated Short position at 75x.
Trading plan:
- Entry: 0.61372 – 0.61648
- TP1: 0.60219 (R:R 1:0.7)
- TP2: 0.59358 (R:R 1:1.2)
- TP3: 0.58066 (R:R 1:2.0)
- SL: 0.63232
Why this strategy?
- The 4-hour short setup remains unchanged, and the daily structure is still within range as the price reacts from 0.61372–0.61648 around 0.61510.
- The 15-minute RSI is at 71, leaving room for sellers to push lower from this elevated level.
- Volume on the 15-minute is 2.98x, with 10.42M circulating compared to 3.49M expected, confirming real selling interest.