CL1! Short Setup – Fading Into Volume Shelf

11 июл.

📉 CL1! Short Setup – Fading Into Volume Shelf

🔹 Context:
Price just tapped into a heavy upper volume shelf (68.35–68.50) — the exact area where the prior breakdown started. This zone aligns with rejection highs and the upper edge of the VRVP profile.

📌 Setup Logic:
🔺 Entry: 68.36–68.50 (into supply zone)
⛔ Stop: 68.75 (above liquidity peak)
🎯 Target: 66.78 (prior demand + volume node)
📐 RRR: ~4.0:1
⚠️ Trigger: [I]Do not enter early[/I] — wait for rollover of price which it looks like we are getting now.

📊 Why It Matters:
📈 VRVP shows clear upper and lower volume shelves
📛 Price has overextended into a prior rejection zone
🔁 Potential for a mean-reversion leg [I]once we confirm momentum breakdown[/I]

📷 [I]See attached chart for full zone layout[/I]
🧠 Let me know if you’re entering or watching this one 👇

#CrudeOil #CL1 #FuturesTrading #VolumeProfile #SciQua #OrderFlow

11 июл.

Сделка активна

Price has lost momentum and is rolling over. Looking to open shorts now.

11 июл.

Сделка закрыта вручную

💡 Trade Update: Closing Out CL1! Short

Closing this position before CME closes for the weekend—too much upside risk heading into illiquid hours.

🛑 Sometimes preservation beats precision.
✔️ Solid shelf-to-shelf thesis, but momentum didn’t fully fade on lower timeframes.

We'll regroup next week with fresh structure and updated entries.