Oil long traders beware—78.46 may be a false breakout trap.



$CL /USDT - Go SHORT (short sell)

Trading plan:
Entry: 78.21 – 78.71
SL: 80.87
TP1: 76.65
TP2: 75.44
TP3: 73.63

Why focus on this structure?
• The 4-hour timeframe signal has shifted to SHORT, confidence 55%, and the 15-minute RSI is only 42.1, with momentum leaning weak.
• The daily chart is still in a ranging zone, but the 1-hour EMA suggests clear resistance around 78.46, and the current price is right at the entry reference point.
• Why now? If it fails to hold above 78.71, the short targets TP1 76.65, with the stop-loss set at 80.87.

Discussion:
Will this move first hit TP1 76.65, or will it be a bearish fakeout drop followed by a bounce?
CL1.82%
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