Last hurrah for crude oil bulls? 79.13 short positions already placed



$CL /USDT - SHORT to sell

Trading plan:
Entry: 78.98 – 79.28
SL: 80.56
TP1: 78.06
TP2: 77.34
TP3: 76.27

Why watch this structure?
- On the 4-hour timeframe, the trend has shifted to ranging; RSI on the 15-minute is 62.75, close to overbought, and short-term momentum is fading
- The short entry is at 79.13, TP1=78.06 (-1.35%), TP2=77.34 (-2.26%), SL=80.56 (+1.8%)
- Why now? 1-hour ATR is only 0.596; after volatility contracts, direction often breaks out—shorting near the top of the range has a higher win rate

Discussion:
Will this short reach TP2 first, or get stopped out by the SL?
CL-0.44%
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