CL1!
is trading now in long-term supply area ( resistance). After estabilished triple top price pattern we could see trading
CL1!
in falling channel.On hourly timeframe its clear downtrend and price forming hanging man pattern. After breakdown diagonal trendline price is testing it, its perfect setup to short entry.
here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 52.62
Stop Loss: 52.92
Profit target: 51.54
Time stop: MOC ( Market on Close)
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