Post
Bearish

Nobody is talking about this quiet setup forming on $CL /USDT right now.



$CL /USDT - SHORT

Trade Plan:
Entry: 96.12 – 96.60
SL: 98.63
TP1: 94.66
TP2: 93.53
TP3: 91.82

Why this setup?
Why now? The daily trend is range-bound, but the 1h price is sitting at 96.35 with a 15m RSI of 32.05, which means the short-term momentum is exhausted and ripe for a move lower. The 1h ATR of 0.944942 tells us a single hour can cover over 94 pips, so the entry zone between 96.12 and 96.60 offers a tight risk window for a short. We are targeting TP1 at 94.66 and TP2 at 93.53, with the line in the sand at the invalidation level of 96.09.

Debate:
Are we cleanly hitting TP2 at 93.53 or is 96.09 going to trap the shorts?

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CLCL-0.80%


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