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I have a very clear handle on this short position. $CL After the high level came under pressure, the most important thing is not how much it has dropped, but that each bounce is getting weaker. Many people are still fantasizing about it pulling back up, but the chart has already started to shift rhythm.
I chose to enter around 101.27, the reason is simple: sell pressure has been appearing continuously on the upside. Once the downside is broken through, those holding positions will start to rush out. The result also confirmed the judgment. The price has now come to 72.52, and the ROE has reached +2639.03%. This segment of the market move has released smoothly.
The key lies here: shorts did not appear suddenly, but the direction was confirmed after repeated probing earlier. The more you are in a position like this, the less you should be fooled by short-term bounces, and you cannot completely ignore risk just because profits have expanded.
I will handle it with 80% take profit and 20% for the trend, moving the stop loss down accordingly, prioritizing protecting profits. If you missed it, don't worry. There are opportunities every day in the market. Don't chase trades; wait for the next position with stronger certainty.
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