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Bearish

Most traders are about to get blindsided by SYMBOL right now.



$CL /USDT - SHORT

Trade Plan:
Entry: 97.86 – 98.26
SL: 99.95
TP1: 96.64
TP2: 95.69
TP3: 94.27

Why this setup?
Why now? The daily trend is range-bound, which sets up a mean-reversion short bias perfectly. The 1h price sits at 98.06, the exact entry_ref level where we want to initiate. The 1h ATR of 0.789488 tells us volatility is compressed enough for a clean move toward TP1 at 96.64. The 15m RSI reading of 53.41 confirms the asset is neutral, not overbought, so we wait for a rejection. The invalidation level at 96.26 is the hard stop in the sand that protects this trade.

Debate:
Are we hitting TP2 at 95.69 or getting trapped before the daily range reclaims 98?

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
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CLCL-1.73%


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Repanzul
an hour ago
LFG 🔥
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Repanzul
an hour ago
First Review
Interesting 👀
0