$CL /USDT 4-hour signal has gone blank—dare you follow it?



$CL /USDT - SHORT

Trading plan:
Entry: 78.7 – 78.9
SL: 79.9
TP1: 77.9
TP2: 77.4
TP3: 76.5

Why focus on this structure?
- The 15-minute RSI has fallen to 38.68, in the oversold zone, but it hasn’t reversed yet—bearish momentum is still strong.
- The 4-hour EMA moving averages are suppressing price; 78.8 is the key resistance, and the entry point is precise.
- Why now? The 1-day trend is ranging, but the short-term bearish signals are clear. TP1 at 77.9 is right around the corner, with a good risk-reward ratio.

Discussion:
Will this drop first to TP2 77.4, or will it be a bull-trap rebound up to 79.9 and hit the stop-loss?
CL0.31%
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134Ceros
· 6h ago
The technical analysis is quite clear, but the oil market is always volatile and hard to predict. Watch the resistance at 78.8 before placing a trade.
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