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$WLD (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.518 - 0.526
Targets:
TP1: 0.502
TP2: 0.486
TP3: 0.472
Stop Loss: 0.539
Why this Setup:
I’m looking to short into this resistance area after the recent failed push above 0.53, since price is still rejecting the upper range and momentum looks weaker on each bounce. I want a clean move back through the mid-range first, then continuation toward the recent lows if sellers stay in control.