Crude oil showing a clear sell setup on the M5 timeframe. Entry positioned right at the key level zone with no interference from weaker support areas—clean technical structure. Stop-loss calculated at approximately 0.34%, keeping risk tight. Currently tracking in the 111th cycle of the broader downtrend, with the amplitude sitting at −2.21%. Price action suggests continued downside momentum from current levels. Worth monitoring for confirmation on the next move down.
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ChainWanderingPoet
· 1h ago
Are you still willing to short after a 111-wave decline? I really can't believe this mindset.
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WagmiOrRekt
· 01-15 18:15
The 111 cycles haven't rebounded yet, this bear market is quite fierce.
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MerkleMaid
· 01-15 12:08
Another textbook-style technical analysis... A 0.34% stop loss is indeed tight, but the problem is that you can never really predict crude oil. I've looked at the 111-cycle decline over and over again. Can it really break through?
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SerLiquidated
· 01-15 12:01
Damn, it's another perfect short structure, I'm just worried about getting liquidated in the end.
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RealYieldWizard
· 01-15 11:54
Wait, a decline over 111 cycles? Isn't this data a bit outrageous?
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BasementAlchemist
· 01-15 11:48
Still falling after 111 cycles? This pace is a bit intense. I think we should see if there's a rebound later.
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ForkTongue
· 01-15 11:48
Are 111 cycles still falling? This data is intense; the bears are about to make a fortune.
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GasFeeVictim
· 01-15 11:42
All 111 cycles are declining. Is this really the bottom? It looks comfortable, but I'm just worried it might be a false breakout again.
Crude oil showing a clear sell setup on the M5 timeframe. Entry positioned right at the key level zone with no interference from weaker support areas—clean technical structure. Stop-loss calculated at approximately 0.34%, keeping risk tight. Currently tracking in the 111th cycle of the broader downtrend, with the amplitude sitting at −2.21%. Price action suggests continued downside momentum from current levels. Worth monitoring for confirmation on the next move down.