$CL IS SETTING UP FOR A SHORT ON THE H1 TIMEFRAME ๐ฅ
Entry: 73-81 ๐ฅ
Target: 69 ๐
Stop Loss: 84 โ ๏ธ
The range between 73 and 81 has rejected price twice in the last 24 hours on the H1 chart. Each touch got sold into immediately โ sellers are defending this zone with volume. With a tight stop above 84, the risk is clean and the targets are well-defined.
Three profit levels give you room to trail part of the position. Are you taking this short or waiting for a retest of 81 first?
Not financial advice. Always manage your risk.
#CL #ShortSetup #H1Trading #Crypto ๐ฅ