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$WLD | 1h | Reversal Setup
Bias: Long
Entry Zone: 0.422 to 0.431
Stop Loss: 0.406
Targets:
TP1: 0.443
TP2: 0.458
TP3: 0.472
Invalidation:
Close below 0.406
Why This Setup:
I’m watching the current base forming at the end of a prolonged downtrend, with price holding the 0.42 area after repeated downside extension. I want a relief bounce if buyers can keep defending support and reclaim the nearby 0.44 resistance.