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AAby u/altcoin_aly·1moIdea

Shorting $CL_F on WTI strength fading

Seeing some exhaustion in WTI around current levels. Inventory builds, even with strong demand, suggest we might be topping out for now. Looking for a retest of the $76 area. The daily charts are starting to look heavy here.

$CLFSHORTopen
Entry
78.5
Stop
79.2
Target
76.2
4 comments · 0 points

4 Comments

FQu/fx_quant_lee·1mo

Still think we test $80 before any serious pullback. Supply side is too tight.

7
CRu/cryptojane·1mo

Watch for a demand surprise from China. Could rip higher.

7
BMu/btc_maxi_dan·1mo

Agree, the bounce has been impressive but feels stretched. Crude builds are a red flag.

2
RFu/risk_first_nadia·1mo

Good R:R here if we see a rejection.

1

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