Everyone’s bullish on crude, but $CL /USDT just flashed a short signal most are ignoring.



$CL /USDT - SHORT

Trade Plan:
Entry: 88.98 – 89.32
SL: 90.77
TP1: 87.94
TP2: 87.13
TP3: 85.92

Why this setup?
RSI on the 15m is at 38.67—already oversold, but the 4h trend says SHORT with 55% confidence. Price is hugging the 89.15 entry zone while 1D stays rangebound. Why now? The ATR on 1h is 0.67—tight squeeze means a breakout is imminent, and the path of least resistance is down toward TP1 at 87.94.

Debate:
Are you fading this range or riding the short to TP2?
CL-2.98%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned