Post
Bearish

$CL /USDT is range-bound daily, but a 15m RSI of 28.42 says something very different.



$CL /USDT - SHORT

Trade Plan:
Entry: 95.10 – 95.46
SL: 97.00
TP1: 93.99
TP2: 93.13
TP3: 91.84

Why this setup?
Why now? The 1h price is pinned at 95.28 inside the entry zone, while the 1h ATR of 0.715883 shows the average move per hour, giving us a precise measure of volatility for sizing. The 15m RSI at 28.42 signals short-term oversold pressure that often precedes a continuation down, not a reversal. The daily trend being range means the 1h bias can push toward the lower boundary before mean reversion. The invalidation level at 94.70 is the line in the sand that protects the trade if price reverses.

Debate:
Are we hitting TP2 at 93.13 or getting trapped before the daily range reclaims 95.28?

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CLCL-2.86%


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PrinceMagsi786
24 minutes ago
Interesting 👀
0
PrinceMagsi786
24 minutes ago
First Review
LFG 🔥
0