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$WLD (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.5070 - 0.5125
Targets:
TP1: 0.4960
TP2: 0.4880
TP3: 0.4780
Stop Loss: 0.5260
Why this Setup:
I’m looking for a short here because price is still rejecting the higher 0.51 to 0.52 supply area, and the recent bounce has struggled to hold momentum. I want a clean rejection back into the range, with room to press toward the mid-range and previous swing lows if sellers stay in control.