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Why is everyone bullish on $CL /USDT while the 4H structure screams exhaustion?
$CL /USDT - SHORT
Trade Plan:
Entry: 74.12 – 74.38
SL: 75.50
TP1: 73.31
TP2: 72.69
TP3: 71.75
Why this setup?
RSI on 15m sits at 53.67—no momentum confirmation. 1D trend is range, not breakout. The short bias (55.4 confidence) targets TP1 at 73.31 first, with TP3 at 71.75. Entry at 74.25 with a tight SL at 75.50 gives a 1:2.3 risk-reward before the range even breaks.
Debate:
Are you fading the range top or waiting for a retest of 74.38?