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Don't rush to call a reversal, this drop is the key!🔥📉
A few days ago in the afternoon $CL was hovering around highs, looking like it still had momentum, but what I noticed was a volume-less pump with insufficient support — no one buying into the rise, and it looked increasingly shaky.
Before the market fully kicked off, I saw that CL kept getting pushed back on each pullback 👀 Such positions are the easiest to trap people, so I didn't chase the rally, but waited for a lackluster bounce and opened a short around 91.42.
Now the price has come to 70.15, which from 91.42 calculates to a gain of +2162.79% 🎯🎉 This profit was taken calmly; the wait was really grinding, but the move delivered handsomely.
When it's time to eat, don't pretend to be calm.
Chasing tail ends often gets you hit.
In terms of handling, I first closed 80% ✅💰 Take the bulk profit first, move the remaining 20% to cost protection, let the profit run if it continues to drop, and don't let the rhythm get disrupted if it bounces back 🚨
If you missed it, don't chase ⚠️ Wait for the next clear signal, wait for the opportunity after a retest confirmation, and for the next shot, look for a clearer position 🔔
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