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Why $CL /USDT just gave a rare "range" signal that trapped 90% of bulls.
$CL /USDT - SHORT
Trade Plan:
Entry: 87.66 – 88.16
SL: 90.35
TP1: 86.08
TP2: 84.86
TP3: 83.03
Why this setup?
The 1D trend is range, not a breakout—meaning fakeouts punish both sides. 4h SHORT bias at 55% confidence with RSI 15m at 44.24 (still weak). Entry at 87.91 with tight SL at 90.35—risk is controlled, but TP1 at 86.08 is only 2% away. Why now? The ATR (1h) is 1.02, so a fast move to TP2 at 84.86 is plausible if 87.66 support breaks.
Debate:
Are you shorting this range squeeze or waiting for a clear breakdown below 87.66?