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This wave of $CL 's pullback is very clear, and the profit margin for short positions has already opened.
Earlier, it was repeatedly testing around 92.6, and the market couldn't push higher, showing obvious signs of a pullback. It's more comfortable to go short with the trend, and my approach is to short.
The price reached 91.52, with +108.41% already realized on the books, and the rhythm has been established.
Later, stay a bit more cautious, take 75% profits first, and keep the remaining 25% to see if there's a second wave.
Those in the car should stick to discipline, don't forget to set stop-losses, and don't panic if there's a rebound later; if you didn't catch it, wait for the next wave, the market isn't short of opportunities.
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