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$WLD (1H) - Range Rejection Short
Bias: Short
Entry (Zone): 0.6230 - 0.6280
Targets:
TP1: 0.6100
TP2: 0.5980
TP3: 0.5860
Stop Loss: 0.6365
Why this Setup:
I’m leaning short while price keeps failing near the 0.62 to 0.63 supply area and remains below the recent swing highs. I want a rejection from this range because momentum has cooled after the last push up, and a drop back toward the mid-range and prior support looks more likely if buyers lose control.