Is CL about to reverse lower? The technicals say maybe
SETUP — 📉 SHORT
Here's what the data shows:
• Price: 84.21 (24H Range: 81.43–85.19)
• RSI(14): 57.3 — Neutral-High
• EMA20: $83.96 | EMA50: $83.09 ⚠️ Above EMA50
• Volume: $530.80M
📉 If yes, here's the plan:
📉 Entry: 83.77 – 84.61
🛑 Stop: 88.84
🎯 TP1: 76.08
🎯 TP2: 70.68
🎯 TP3: 63.78
The chart is a blueprint for a controlled decline.
No relief rally on — sellers persistent.
Low Risk Entry 👉 $CL 👈 Right Here
#CL
SETUP — 📉 SHORT
Here's what the data shows:
• Price: 84.21 (24H Range: 81.43–85.19)
• RSI(14): 57.3 — Neutral-High
• EMA20: $83.96 | EMA50: $83.09 ⚠️ Above EMA50
• Volume: $530.80M
📉 If yes, here's the plan:
📉 Entry: 83.77 – 84.61
🛑 Stop: 88.84
🎯 TP1: 76.08
🎯 TP2: 70.68
🎯 TP3: 63.78
The chart is a blueprint for a controlled decline.
No relief rally on — sellers persistent.
Low Risk Entry 👉 $CL 👈 Right Here
#CL