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Bearish signal 95% confirmed, WLD 4-hour level about to reverse?
$WLD /USDT - SHORT
Trading Plan:
Entry: 0.3842 – 0.3870
SL: 0.3988
TP1: 0.3757
TP2: 0.3691
TP3: 0.3592
Why pay attention to this structure?
- Daily trend clearly bearish, 1-hour EMA resistance at 0.3856 being precisely tested.
- 15-minute RSI at 52.16, not oversold, downward momentum not yet fully released.
- Current price 0.3856, only 2.6% from TP1 at 0.3757, short-term risk-reward ratio attractive.
Discussion:
Will it first drop to TP1 and bounce, or accelerate straight to TP2 at 0.3691?