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$CL /USDT 71.97 – Ceiling or Springboard?
$CL /USDT - SHORT
Trade Plan:
Entry: 71.82 – 72.12
SL: 73.41
TP1: 70.89
TP2: 70.17
TP3: 69.09
Why watch this structure?
The 4H signal is armed, direction clear: SHORT.
- 15m RSI at 49.06, neutral to weak, no overbought interference.
- 1H ATR 0.6, moderate volatility, suitable for scalp to TP1-70.89.
- 1D trend oscillating, but 4H bearish signal + 55% confidence, current entry window.
Discussion:
First to TP2 at 70.17 or a fakeout pullback? Which side are you betting on?