📉 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
🔹 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
Trade active
Price has lost momentum and is rolling over. Looking to open shorts now.Trade closed manually
💡 Trade Update: Closing Out CL1! ShortClosing 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.
🚀 Founder of SciQua | Strategy. Simulation. Signals.
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Disclaimer
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🚀 Founder of SciQua | Strategy. Simulation. Signals.
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
Join free, compete, win, and stay updated at sciqua.com
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
Join free, compete, win, and stay updated at sciqua.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.