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The most exciting part of this move wasn't the drop itself, but the fake rally just before it—many were lured in, and then $CL directly carved out room from the highs.
I opened my short at 101.27. What really caught my attention was that after the upward wick, volume didn't keep up; instead, price quickly fell back below the key zone. That spot was critical. After sweeping out the chasing longs, the order book started to feel lighter. With the bears pressing, the downside just flowed smoothly.
Now the price has reached 73.96, with a return of +2505.02%. The range has opened up clearly. In plain terms, this kind of move isn't about who shouts the loudest—it's about who can stay on the right side of the rhythm between panic and fake-out. Most thought it was just a shakeout at the time, but the structure was already broken.
I don't want to get greedy on this trade. Handling it in two batches—80/20—feels better. Book profit on the bulk first, keep a small position with a trailing stop to see if it extends further.
When there's profit, respect it first. Don't give back control. If you missed the entry, don't chase; don't chase the lows either. Wait for the next opportunity—it'll be more solid.
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