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What are WLD bulls waiting for? Death cross appears on the 4-hour level
$WLD /USDT - SHORT
Trading plan:
Entry: 0.3848 – 0.3876
SL: 0.3999
TP1: 0.3759
TP2: 0.3691
TP3: 0.3589
Why focus on this structure?
- 1D trend clearly bearish, 4H EMA bearish alignment suppressing rebounds
- RSI 15-minute only 52.99, not in overbought zone, weak rebound
- Current 0.3862 is a precise short entry, TP1 0.3759 (-2.7%), TP2 0.3691 (-4.4%)
- Stop loss 0.3999, risk-reward ratio 1:2.5, worth the gamble
Discussion:
Will this short position reach TP2 first, or get stopped out by a fake breakout at 0.3876?