#cl Crude Oil stalling near highs ⚠️
Strong breakout from 81.00 straight up to 84.03, but the last two candles are small red bodies right under the 24h high (84.54) early signs of exhaustion after the sharp impulsive move.
📊 Short Setup
Entry: 84.00 – 84.20 (near highs, on rejection)
Stop Loss: 84.60 (above 24h high)
TP1: 83.00
TP2: 82.00
This is a counter-trend fade against a strong breakout only take it on confirmed rejection, not blind. If price reclaims and holds above 84.60, the breakout continues and the short is invalidated.
Click here to trade 👇⬇️$CL
Strong breakout from 81.00 straight up to 84.03, but the last two candles are small red bodies right under the 24h high (84.54) early signs of exhaustion after the sharp impulsive move.
📊 Short Setup
Entry: 84.00 – 84.20 (near highs, on rejection)
Stop Loss: 84.60 (above 24h high)
TP1: 83.00
TP2: 82.00
This is a counter-trend fade against a strong breakout only take it on confirmed rejection, not blind. If price reclaims and holds above 84.60, the breakout continues and the short is invalidated.
Click here to trade 👇⬇️$CL