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$CL /USDT Bear Trap? Is 72.3 the Top or Bottom?
$CL /USDT - Short SHORT
Trade Plan:
Entry: 72.2 – 72.4
SL: 73.4
TP1: 71.5
TP2: 70.9
TP3: 70.1
Why focus on this structure?
- 4H bearish signal activated, but 1D trend is oscillating, direction unclear.
- RSI 15m at 54.55, not overbought, still room for short-term downside.
- Key entry 72.3, TP1 71.5, TP2 70.9, SL 73.4.
- Why now? Within the oscillating range, shorting at highs has higher win rate, but beware of fake breakouts.
Discussion:
Will this wave first reach TP2 70.9, or pump to 73.4 to hit SL?