#4hrejection
4hrejection
58 views
3 Discussing
Hot
Latest
$CL SHOWING REJECTION AT RESISTANCE โ SHORT SETUP ๐ฅ
Entry: 71.2 - 71.5 ๐ฅ
Target: 70.6 ๐
Stop Loss: 73.8 โ ๏ธ
Price got slapped at the $72.7โ$73 zone and is already printing lower highs on the 4H. That impulsive move up ran out of buyers fast โ now weโre back below the rejection area and momentum is fading. A clean break below $71.0 would confirm the next leg down toward $70.6 and possibly further.
Volume on this rejection is telling me the sellers are stepping back in. The R:R here is solid if you catch the entry near the top of the range. Are you jumping in here or waiting for the $71.0 breakdown first?
Not financial advice. Always manage your risk.
#CL #ShortSetup #Bearish #4HRejection #Futures
๐ฅ
Entry: 71.2 - 71.5 ๐ฅ
Target: 70.6 ๐
Stop Loss: 73.8 โ ๏ธ
Price got slapped at the $72.7โ$73 zone and is already printing lower highs on the 4H. That impulsive move up ran out of buyers fast โ now weโre back below the rejection area and momentum is fading. A clean break below $71.0 would confirm the next leg down toward $70.6 and possibly further.
Volume on this rejection is telling me the sellers are stepping back in. The R:R here is solid if you catch the entry near the top of the range. Are you jumping in here or waiting for the $71.0 breakdown first?
Not financial advice. Always manage your risk.
#CL #ShortSetup #Bearish #4HRejection #Futures
๐ฅ
Log in to explore more content