Crude oil$CL /USDT—this time is a bull trap. Are you daring to short?



CL_USDT - SHORT to go short

Trading plan:
Entry: 79.32 – 79.62
SL: 80.86
TP1: 78.42
TP2: 77.73
TP3: 76.68

Why focus on this structure?
- 4-hour SHORT signal, confidence 55.4%, trend is in a ranging/sideways zone.
- 1-hour RSI is 79.47 (overbought area), 15-minute RSI 53.77, short-term momentum is weakening.
- Entry 79.47, TP1 78.42, TP2 77.73, SL 80.86, reward-to-risk about 1.8:1.
- Why now? After overbought, the pullback probability is high, and at the higher timeframe there is no clear direction—shorts have the edge in the short term.

Discussion:
Will this move hit TP2 first, or is it a bull trap?
CL-1.59%
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