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Nobody expects a SHORT on $CL /USDT when everyone’s still buying the dip.
$CL /USDT - SHORT
Trade Plan:
Entry: 69 – 69
SL: 70
TP1: 68
TP2: 68
TP3: 68
Why this setup?
RSI on 15m is already overheated at 73.5, while 1D trend is stuck in range. ATR volatility is tightening at 0.30 on 1h—this is the squeeze before a snap. Entry at 69 with TP1 at 68 means a quick 1.4% move if momentum fades. Why now? The overbought signal is screaming exhaustion before a range rejection.
Debate:
Is 69 the fakeout or the real top before a flush to 68?