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Everyone’s bullish on crude—until they see $CL /USDT’s hidden short setup.
$CL /USDT - SHORT
Trade Plan:
Entry: 70.53 – 70.79
SL: 71.90
TP1: 69.73
TP2: 69.10
TP3: 68.17
Why this setup?
Why now? RSI on 15m sits at 50.91—neutral, but 4h MTF confirms SHORT bias with 55.4 confidence. Price hugging 70.66 in a 1D range; ATR at 0.5186 shows volatility is compressing for a breakout. Entry zone 70.53-70.79 targets TP1 69.73, TP2 69.10—risk defined at SL 71.90. Range-bound markets reward the patient short.
Debate:
Are you fading the 70.66 resistance or waiting for a fakeout below 69.73?