Crude oil shorts are already set up, is the 70 level a false breakout?



$CL /USDT - SHORT

Trade Plan:
Entry: 69.23 – 69.41
SL: 70.14
TP1: 68.70
TP2: 68.29
TP3: 67.67

Why focus on this structure?
- 4H level signal favors SHORT, confidence 55, daily range pattern not broken.
- Current price 69.32 hugging EMA support, 15M RSI 48.83 neutral to weak, short-term momentum lacking.
- If it breaks below 69.23 low, bearish target directly at TP1 68.70, TP2 68.29.
- Why now? Resistance encountered at the upper edge of the range, and ATR is only 0.34, once broken it can accelerate.

Discussion:
Will it hit TP2 first, or fake out and bounce to 70.14 to hit SL?
CL1.37%
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