US OIL Trade Log

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WTI Crude Oil 1H Short Setup

Trade Idea:
- Bearish wedge forming with price stalling in the 1H FVG (premium zone).
- Confluence:
- Bearish Divergences: CVD and RSI confirm weakening momentum.
- Macroeconomics: Fundamentals lean bearish; CPI results pose a potential risk.
- Risk-Reward: Tight stop above the FVG. Targeting a 1:2.55 RRR down to liquidity grab zones below $68.



Quick Take:
This setup aligns technical weakness with fundamental caution. Stay nimble with CPI in play—adapt if the macro picture shifts. Target lower liquidity pockets if rejection confirms!

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تم فتح الصفقة

Classic bend over it's a robbery type price action where I am the one getting robbed. Let's see!

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ملاحظة

Completely miss calculated the trade since it was a 4H signal and therefore required a wider positioning + the target was off as well. A bit rushed from my part and my risk is now doubled and reward reduced. Better to increase your p of success and increase risk than the opposite.