What is the $CL /USDT 4-hour chart hinting at?



CL_USDT - Going short (SHORT)

Trading plan:
Entry: 71.53 – 71.71
SL: 72.47
TP1: 70.99
TP2: 70.56
TP3: 69.93

Why focus on this structure?
- 1D trend is ranging; RSI 15m = 55.62, not overbought; the short entry point 71.62 is right below the EMA- Current price 71.62; TP1 = 70.99 (-0.9%); TP2 = 70.56 (-1.5%); stop loss 72.47 (+1.2%)- Why now? A 4-hour bearish signal aligns with the 1-hour RSI at 71.62; rebounds lack strength, and the top of the range faces pressure

Discussion:
Will this bearish move hit TP2 first, or will it sweep the stop loss directly?
CL-0.35%
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