$CL Rejection Confirmed. Short It.
Rejecting off $86 resistance. Now stalling with weak momentum distribution in play.
The setup:
· Entry: $84.51
· SL: $86.00 (-1.8%)
· TP: $83.00 / $81.00 / $78.50
Why it dumps:
· Rejection at strong resistance
· Weak volume on breakout
· Lower highs forming
Risk 1.8% to make 7%.
Bounce to $85.5? Short more.
Don't get trapped. Short now.
Short here 👇🏻
$BANK $DEXE
Rejecting off $86 resistance. Now stalling with weak momentum distribution in play.
The setup:
· Entry: $84.51
· SL: $86.00 (-1.8%)
· TP: $83.00 / $81.00 / $78.50
Why it dumps:
· Rejection at strong resistance
· Weak volume on breakout
· Lower highs forming
Risk 1.8% to make 7%.
Bounce to $85.5? Short more.
Don't get trapped. Short now.
Short here 👇🏻
$BANK $DEXE