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$WLD (1h) - Bearish Retracement Short
Bias: Short
Entry (Zone): 0.3950 - 0.4020
Targets:
TP1: 0.3820
TP2: 0.3710
TP3: 0.3570
Stop Loss: 0.4095
Why this Setup:
I’m watching for weakness to continue after the rejection from the recent swing high, with price now losing momentum below the 0.40 area. I prefer selling into a small retracement while the structure stays heavy, aiming for a move back toward the prior support zones if sellers keep control.