CL is setting up for a short with a confidence level of 94%. Current market structure suggests a potential breakdown
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🔴 CL SHORT 📉
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📍 Entry Range: $83.1767 – $83.3433
🛑 Stop Loss: $85.7578 (-3.0%)
🎯 TP1: $82.0111 (+1.5%)
🏆 TP2: $79.0970 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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The CHoCH signal indicates a market structure break, while CVD confirms the direction and FVG highlights a fair value gap. Additionally, OB and liquidity sweep are in play, with a POI confluence where OB and FVG overlap, supporting this short setup. The combination of these signals points to a high-probability trade
A 3.0% stop loss is relatively tight, so 2-3x leverage is suitable to maximize returns while managing risk
Consider taking partial profit at TP1 to lock in some gains and adjust the stop loss to break even
Not financial advice — always manage your own risk 🙏
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