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$CL /USDT 4H Bearish Signal, but Only 55% Confidence?
$CL /USDT - SHORT
Trade Plan:
Entry: 74.26 – 74.66
SL: 76.36
TP1: 73.03
TP2: 72.08
TP3: 70.66
Why this structure?
- Current EMA/RSI data shows a bearish bias on the 4H timeframe, but the daily chart remains in a range.
- Entry at 74.46 is near short-term support, with downside target TP1 at 73.03.
- Why now? RSI 15M at 50.66 neutral zone, waiting for confirmation of a breakout.
Discussion:
Will this bearish wave hit TP2 72.08 first, or is it a bear trap?