PAIR: $CL / USDT (Perpetual)
DIRECTION: SHORT đ
Entry Zone: 82.54 (Current Market Price)
Stop Loss (SL): 84.03
Take Profit (TP): 76.41
Trade Description & Analysis
Market Structure Shift: The chart indicates a clear break of structure (BoS) and Change of Character (ChoCh) after reaching local high liquidity near the 84.00 resistance level.
Key Level Interaction: Price swept liquidity above the Previous Day High (PDH at 82.51) and Previous Day Close (PDC at 82.50) before losing momentum, suggesting a high-probability reversal.
Target: Expecting a continuation downward toward the major liquidity pool residing at the Previous Day Low (PDL) and taking final profits at 76.41.
Risk/Reward Ratio: ~4:1 â Low risk entry with significant downside potential.
â ď¸ Risk Disclaimer: Trading perpetual contracts carries high market risk. Keep leverage disciplined and never risk more than you can afford to lose.
#cl #oil
Trade Here đ
DIRECTION: SHORT đ
Entry Zone: 82.54 (Current Market Price)
Stop Loss (SL): 84.03
Take Profit (TP): 76.41
Trade Description & Analysis
Market Structure Shift: The chart indicates a clear break of structure (BoS) and Change of Character (ChoCh) after reaching local high liquidity near the 84.00 resistance level.
Key Level Interaction: Price swept liquidity above the Previous Day High (PDH at 82.51) and Previous Day Close (PDC at 82.50) before losing momentum, suggesting a high-probability reversal.
Target: Expecting a continuation downward toward the major liquidity pool residing at the Previous Day Low (PDL) and taking final profits at 76.41.
Risk/Reward Ratio: ~4:1 â Low risk entry with significant downside potential.
â ď¸ Risk Disclaimer: Trading perpetual contracts carries high market risk. Keep leverage disciplined and never risk more than you can afford to lose.
#cl #oil
Trade Here đ