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Oil reached next action point - good for a shortscalp?

Countertrades are not my style...but for those who love the risk - here a short-idea.
We have actually reached the falling trendline. Trading below that line is bearish furthermore....
RSI is very oversold - shorts have a very nice CRR!
BBs are stressed out

Ghi chú

reached ema...this was a nice scalp -don`t Forget to adjust your stopp or Close t (a part) of the short

Ghi chú

example for sl-trailing

Ghi chú

reached next action point..trading below that Level could initiate the next sell-wave down to my thought tp

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Reached TP! Cheers!

Ghi chú

next downwave ahead?

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Reached next Action Point!

Ghi chú

is the 0,5 fibo the object of desire today or the 62,8????

Ghi chú

reached fibo 0,5!!! wow - i didn`t exspected that we will dip soo deep...

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0,5 reached -i "Close" mthis Position (thread) Cheers - i hope my "lesson" was useful for the one or other -if you l.ike it -pls like it :-) Regards Mary

Ghi chú

Perhaps you could switch the Position with a very narrow sl below todays low....tp= 38,2 as illustrated

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trendbreak

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trading below the illustrated 38,2 is still bearish imo

Ghi chú

:-) tp reached again

Ghi chú

tactical sl adjusatment for those who made a longer Position than a scalp ! Beware of the possible H&S as a Turnaround-possibility

Ghi chú

for those who believe ion the short-possibility

Ghi chú

Trading above the right shoulder respective the head is bullish

The_Cannalyst

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The_Cannalyst