Most people are scrambling for $CL ’s rebound; I’m doing a short here instead.



Entry 81.44-81.62, stop loss 83.45

TP1 80.09, the safest take profit at -1.7%
TP2 79.13
TP3 77.69

. The 15-minute RSI drops to 20.23—oversold—but this is a trap. Price is still within the daily range, and the 4-hour structure hasn’t broken; it looks more like liquidity is being swept.

Don’t get overconfident with your position—if the market turns, it moves fast.
CL3.24%
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LeekProtection
· 07-21 03:13
You’ve made a very convincing analysis, and it’s normal for the market to go the other way, but anyway, I wish you to get rich.
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APRThermometer
· 07-20 15:38
After sweeping the liquidity, the most likely direction will be chosen. You bet on the downside, I bet on the upside—let’s see who’s right.
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TestnetPerpetual
· 07-20 09:34
Shorting isn’t impossible, but be careful that the main players could squeeze the shorts—especially this kind of trap, trap like after an oversold condition.
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L2Commuter
· 07-20 09:21
Call for a short based on 15-minute oversold conditions—contrarian and unhuman, I like it, but I’ll wait for price confirmation before entering.
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ElliottWaveSurfer
· 07-20 09:11
Bro, your position control is strict—respect. This kind of market move in reverse is really fast, but the profit margins are also tempting.
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PositionSculptor
· 07-20 09:08
But I still think the odds of a rebound are high. However, you set your stop-loss reasonably. Good luck.
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MEVWhisperer
· 07-20 09:06
The daily chart hasn’t broken down, and the 4-hour chart is still holding up; it really does look like stop-loss harvesting, and the short-position logic holds.
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OptionVolCatcher
· 07-20 09:02
Entering at 81.44 is a bit aggressive, but stopping out at 83.45 would only lose about 2%, and the risk-reward ratio is good.
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AltcoinHunter
· 07-20 09:00
This short-selling idea is clear. The RSI oversold trap is definitely common. I’m planning to try it with a small position.
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StopLossTherapist
· 07-20 08:58
Support, and firsthand.
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