wld long entry ๐
1. Market Overview (1H Chart)
- Current Price: $1.144
- 24h Low: $1.136
- RSI (6): 14.41 (Oversold)
- Stochastic RSI: 0.00 (Extremely oversold)
- Parabolic SAR: Above price (still bearish)
- Price near lower Bollinger Band ($1.141)
2. Trade Setup
- Entry Zone: $1.13 $1.14 (watch for bullish reversal candle)
- Stop Loss: $1.12 (just below 24h low)
- Take Profit 1 (TP1): $1.18 (Bollinger middle band)
- Take Profit 2 (TP2): $1.21 (upper Bollinger band resistance)
3. Strategy Notes
- Wait for a strong green candle with volume before entry (confirmation).
- If market breaks below $1.12 with strong volume, avoid entering.
- This is a short-term bounce play based on oversold signals.
Use only a small % of your capital (25%) per trade with 75x leverage.
- Risk only what you can afford to lose.
- Watch volume and RSI during your entry decision.