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Crude oil’s bearish move—will you dare to follow?
$CL /USDT - SHORT sell
Trading plan:
Entry: 79.28 – 79.70
SL: 82.14
TP1: 77.50
TP2: 76.17
TP3: 74.18
Why focus on this structure?
- 4-hour SHORT signal, confidence 77%, and the trend is in a consolidation range
- Current price is 79.49; EMA/RSI are pointing downward. The 15-minute RSI is only 52.9, and the rebound momentum is weak
- Why now? TP1 is at 77.50, TP2 is at 76.17, and the risk-reward ratio is clear
Discussion:
Will this move first to TP2, or will it lure buyers into a rebound?