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Let me put the position plainly—this short has been moving very cleanly.
Since entering $CL at 101.27, I've been watching the bounce strength. I noticed this level earlier; every time the price tried to push higher, it failed to sustain. Many see it as a range, but I see the main force wearing down patience at the highs, waiting for buying momentum to fade.
Now the price has pressed down to 74.04, with profit at +2499.51%. The extension in this move is clear. The key to holding the short wasn't stubbornness—it was that every rebound failed to break the original downtrend.
Next, I don't want to give back the profits. I'll use an 80/20 partial take-profit, and lock in the remaining position with a trailing stop. If it keeps weakening, let it run. If the bounce turns strong, I won't overstay.
For those not in the trade, don't chase—jumping in after a sharp drop often leads to being shaken out. No chasing; wait for a better entry next time.
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