Bearish Structure Intact
$WAN is currently in a retracement phase within a broader downtrend. Price is pulling back into the weekly order block, which aligns with internal range liquidity. This zone is acting as a potential short trigger area.
Key Observation: Price is approaching resistance liquidity and may soon tap into the supply zone, where a reaction is expected. This would confirm bearish intent and continuation toward the next liquidity pool.
🔻 Short Setup:
Entry: $0.1086 (reaction from OB)
Target: $0.0811 (sell-side liquidity)
Stop Loss: $0.1178 (structure invalidation)
Strategy: Wait for price to tap the OB with signs of rejection on lower timeframes (like a break of structure or bearish engulfing). If confirmed, the short position holds a favorable R:R setup.
Trend = Bearish until proven otherwise.
Patience = Entry
Risk Management = Survival
NFA – Always trade with a plan.
