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$CL /USDT 4-hour level short signal, but RSI is still at a high level?
$CL /USDT - SHORT
Trade Plan:
Entry: 75.54 – 75.96
SL: 77.75
TP1: 74.25
TP2: 73.25
TP3: 71.75
Why focus on this structure?
- Current direction SHORT, entry reference 75.75, TP1 74.25, TP2 73.25, SL 77.75.
- 15-minute RSI 64.49, still room to move lower; 1-day trend is range-bound, not a single-sided trend.
- ATR 1-hour 0.83, moderate volatility, suitable for short-term trading.
Discussion:
Do you think this short trade will hit TP2 first or get stopped out by the SL?