Haha š +66% in less than 6 hours, seems that i called it at the bottom. Now Iām going to secure at least the amount I put into it. If you followed the call too, manage your risk.
Honestly, I didnāt carry any specific technical analysis except the criteria I shared, so donāt take it too serious and donāt risk more than you can afford to loose (very important).
$CL SHORT Entry on pullback into the 99.00 ā 99.31 zone, retesting the EMA cluster. TP1: 98.50 TP2: 98.02 (daily low) TP3: 97.50 in extension if the low breaks SL: 99.65 R/R to TP2 from 99.15: ~1:3
A long setup remains possible if a bullish engulfing candle forms around 98.00 ā 98.10 with volume confirmation. TP1: 98.87 TP2: 99.13 SL: 97.75 Contrarian play, monitor only.
As long as price stays below the EMAs, any bounce is a selling opportunity, not a buying one. #trading
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