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Crude oil long bulls' last wild party? $CL / USDT short-side signal has been sent
CL_USDT - to short SHORT
Trading plan:
Entry: 78.71 – 78.99
SL: 80.16
TP1: 77.87
TP2: 77.22
TP3: 76.23
Why focus on this setup?
- 4H confirms the SHORT direction, confidence 55.4, with 1D ranging and consolidating
- RSI on 15M is in the neutral zone at 49.56, with no overbought interference, leaving ample room for shorts
- Current price 78.85, TP1=77.87, TP2=77.22, risk-reward ratio 1:2.5, SL set at 80.16 for protection
Discussion:
Will this leg down reach TP2 first, or will a bounce off the EMA slap the bears in the face?