Crude oil bulls’ last supper?



$CL /USDT - Sell SHORT

Trading plan:
Entry: 78.85 – 79.11
SL: 80.26
TP1: 78.02
TP2: 77.38
TP3: 76.41

Why pay attention to this structure?
- The 4-hour SHORT signal has been triggered; the 15-minute RSI at 57.05 is not overbought, and the shorts still have room
- Within the daily range-bound consolidation, the EMA structure is weak; the current price 78.98 is close to the resistance level
- TP1 78.02 (-1.2%), TP2 77.38 (-2%), SL 80.26 (+1.6%), risk-reward ratio 1:1.5

Discussion:
Will this short reach TP2 first, or will it be stopped out by the SL?
CL0.19%
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