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$WLD (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.586 - 0.599
Targets:
TP1: 0.557
TP2: 0.538
TP3: 0.515
Stop Loss: 0.614
Why this Setup:
I see price losing momentum after a corrective bounce into prior support-turned-resistance, and I want to fade any weak reclaim in this area. I’m looking for a rejection from the current supply zone because the latest move still looks corrective and the broader structure favors a push back toward lower liquidity if buyers fail to hold above 0.60.