$CL /USDT 4H timeframe: the short-trap signal has been triggered.



$CL /USDT - SHORT

Trading Plan:
Entry: 71.98 – 72.24
SL: 73.37
TP1: 71.17
TP2: 70.54
TP3: 69.60

Why focus on this structure?
• RSI 15m 46.06, not oversold—still room for downside.
• 4H is more bearish; the daily trend is ranging/oscillating. The current price 72.11 is near EMA resistance.
• TP1 71.17, TP2 70.54; stop-loss 73.37; risk-reward ratio is about 1:2.
• Why now? If 71.98 support breaks, the likelihood of a short acceleration increases.

Discussion:
For this short setup, are we looking at first consolidation around TP1, or a direct drop to TP2?
CL-1.95%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned