$WLD Wait for a clear bullish reversal signal like a higher high and higher low formation or a bullish engulfing candle. You could also consider entering on a pullback to the 3.02 level.
Aggressive Entry: Enter at the current price of 3.051, assuming the bullish trend continues.
Stop-Loss:
Conservative Stop-Loss: Place the stop-loss below the recent swing low (around 2.938) to limit potential losses.
Aggressive Stop-Loss: Place the stop-loss slightly below the entry price (e.g., 3.03).
Profit Targets:
Short-Term Target: Aim for a profit target of 5-10% from your entry price. This could be around 3.20-3.35.
Intermediate-Term Target: Consider a target near the 3.10 level, which represents a significant resistance level.
Long-Term Target: If the overall market sentiment remains bullish, you could set a longer-term target near the 3.40 level.
Key Levels:
Resistance: 3.10
Support: 3.02, 2.938