$CL /USDT 4-hour bearish signal—has RSI 70 already entered overbought territory?



$CL /USDT - SHORT

Trading plan:
Entry: 78.55 – 78.93
SL: 81.09
TP1: 76.97
TP2: 75.80
TP3: 74.03

Why focus on this setup?
- The 15-minute RSI is 70.66, short-term overheated, higher probability of a reversal.
- The 4-hour EMA is bearish, trend confirmation, entry reference at 78.74.
- TP1 at 76.97, TP2 at 75.80, stop-loss at 81.09, risk-reward is reasonable.

Discussion:
Will this leg of the bearish move hit TP1 first, or will it get swept for the stop?
CL7.99%
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