$CL This short has not been easy to hold.

After opening around 101.27, there was also a pullback in the middle. Many people saw the pullback and started to suspect that the short might be over, but what I cared about then was that the pullback didn’t break the structure back.

In plain terms, whether it’s strong or not—you can tell with one push.

Core judgment:

The resistance overhead is still there; the rebound is only a correction, not a reversal.

Now the price has reached 69.1, and the short position’s profit is +2951.13%. This wave’s move has been played out.

The position has already been built in batches.

Take profit on 80% first to lock in gains, and keep the remaining 20% right by the protection level to observe. As long as the downward rhythm hasn’t been broken, there’s no rush to fully exit.

This kind of market structure is the easiest to fool people who chase longs.

They see the drop and want to catch a bargain, but then they get dragged down by the next leg of momentum. If you missed it, don’t chase—wait for the next weak rebound before judging again.

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