$WLD (1h) - Resistance Rejection Short


Bias: Short
Entry (Zone): 0.418 - 0.426
Targets:
TP1: 0.401
TP2: 0.388
TP3: 0.372
Stop Loss: 0.438
Why this Setup:
I’m looking for a rejection after the sharp push into resistance, since price has started to stall and fade from the recent high. If momentum continues to cool off here, I expect a move back into the prior support area and a deeper pullback toward the lower demand zone.
WLD9.33%
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