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$WLD | 1h | Range Rejection Short
Bias: Short
Entry Zone: 0.5120 to 0.5180
Stop Loss: 0.5375
Targets:
TP1: 0.4950
TP2: 0.4800
TP3: 0.4570
Invalidation:
Close above 0.5380
Why This Setup:
I’m leaning short while price is stalling under the recent 0.52 to 0.53 supply zone after the sharp rebound. The structure still looks like a range with repeated failures to hold higher highs, so I’m watching for another rejection and rotation back toward the mid-range and prior swing lows.
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