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This short position on WLD, 95% win rate — would you follow it?
$WLD /USDT - SHORT
Trade Plan:
Entry: 0.3913 – 0.3943
SL: 0.4071
TP1: 0.3821
TP2: 0.3750
TP3: 0.3642
Why focus on this structure?
- Clear bearish trend on the 4-hour timeframe, daily chart continues to look bearish.
- RSI on the 15-minute chart at 34.4, short-term oversold but no reversal yet.
- Entry at 0.3928, TP1 at 0.3821, TP2 at 0.3750, SL at 0.4071, risk-reward ratio of 3:1.
- Why now? EMA resistance + weak RSI, bearish momentum hasn't fully played out.
Discussion:
Will this move first hit TP2 or fake out and bounce? Let's see in the comments.