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CL
SHORT
swing
futures
Reversal
Confidence
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Entry
97.11
Stop
98.7
Target
94.5
R:R
1.64
Narrative
HTF 4h shows CL made a massive spike to ~115 then sold off hard, settling into a choppy range between ~92-100. Price is currently near the upper end of that range (~97), which has acted as resistance multiple times (97-98 zone). LTF 1h shows price rallied strongly from ~94.50 low on Mar 18 morning, running from 94.44 to ~98.67 on high volume (49k-50k bars), but the last few bars show momentum fading — closes pulling back from highs (98.67 high but closed 98.01, then 97.18, now 97.09). This looks like a failed push through 98-99 resistance with selling pressure emerging. Stop above the recent swing high near 98.70. Target back to the 94.50 support zone that was the base of this rally.