Crude oil
$CL /USDT 4-hour bearish signal—don’t rush into longs.
CL_USDT - SHORT
Trading plan:
Entry: 83.76 – 83.96
SL: 84.84
TP1: 83.12
TP2: 82.63
TP3: 81.90
Why watch this setup?
- The 1-hour RSI has reached 83.86, in the overbought zone, with short-term pullback pressure.
- The 4-hour trend is bearish, but the 1D is ranging, not a one-way move.
- Entry reference: 83.86, TP1=83.12, TP2=82.63, SL=84.84.
- Why now? RSI at a high level + a 4h bearish signal; higher odds for a short-term trade.
Discussion:
Will this push first to TP2, or will it be a stop-hunt and rebound?