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$CL /USDT 4-hour bearish signal—are you game to follow it?
$CL /USDT - SHORT
Trading Plan:
Entry: 69.01 – 69.17
SL: 69.83
TP1: 68.53
TP2: 68.16
TP3: 67.60
Why focus on this structure?
Data speaks:
- The 4-hour EMA/RSI confirms bearish strength; 15-minute RSI is 54.13, and the rebound hasn’t reversed the move.
- The 1D trend is ranging; short-term bears have the edge. Targets: TP1 68.53, TP2 68.16.
- Why now? RSI hasn’t hit oversold, and bearish momentum hasn’t been exhausted, with entry around 69.09.
Discussion:
Will this short reach TP2 first, or will it be a bear trap rebound?