#4hrejection
4hrejection
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$CL SHOWING REJECTION AT RESISTANCE — SHORT SETUP 🔥
Entry: 71.2 - 71.5 🔥
Target: 70.6 🚀
Stop Loss: 73.8 ⚠️
Price got slapped at the $72.7–$73 zone and is already printing lower highs on the 4H. That impulsive move up ran out of buyers fast — now we’re back below the rejection area and momentum is fading. A clean break below $71.0 would confirm the next leg down toward $70.6 and possibly further.
Volume on this rejection is telling me the sellers are stepping back in. The R:R here is solid if you catch the entry near the top of the range. Are you jumping in here or waiting for the $71.0 breakdown first?
Not financial advice. Always manage your risk.
#CL #ShortSetup #Bearish #4HRejection #Futures
🔥
Entry: 71.2 - 71.5 🔥
Target: 70.6 🚀
Stop Loss: 73.8 ⚠️
Price got slapped at the $72.7–$73 zone and is already printing lower highs on the 4H. That impulsive move up ran out of buyers fast — now we’re back below the rejection area and momentum is fading. A clean break below $71.0 would confirm the next leg down toward $70.6 and possibly further.
Volume on this rejection is telling me the sellers are stepping back in. The R:R here is solid if you catch the entry near the top of the range. Are you jumping in here or waiting for the $71.0 breakdown first?
Not financial advice. Always manage your risk.
#CL #ShortSetup #Bearish #4HRejection #Futures
🔥
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