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$CL /USDT 4H Short Ambush, RSI Hinting at a Turnaround?
$CL /USDT - SHORT
Trading Plan:
Entry: 71.90 – 72.24
SL: 73.68
TP1: 70.86
TP2: 70.06
TP3: 68.85
Why focus on this setup?
- Current bias: SHORT, confidence 55%, 15m RSI 49.67 is neutral-to-bearish.
- Why now? The 1D trend is ranging, the 4H short signal has been triggered, and EMA plus RSI hasn’t reached oversold—downside momentum is still in place.
- Key levels: Entry 72.07, TP1 70.86, TP2 70.06, Stop 73.68. If price breaks below 71.69, the signal is invalid.
Discussion:
Do you think this leg down can hit TP2 first, or will it get slapped by the 72.24 resistance?