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$CL /USDT 74.31 - Iron Top or Fake Breakout?
$CL /USDT - SHORT
Trade Plan:
Entry: 74.14 – 74.48
SL: 75.96
TP1: 73.07
TP2: 72.24
TP3: 71.00
Why focus on this structure?
• 4H SHORT signal activated, confidence 55%, RSI 15m at 48.91 neutral to weak.
• Trend 1D oscillating, ATR 1h only 0.69, volatility narrowing often leads to direction.
• Why now? Entry price 74.31 hugs resistance, TP1 73.07 is 1.6% away, SL 75.96 risk is controllable.
Discussion:
Will it first reach TP2 72.24, or lure long to pull back to 75+?