Oil reached next action point - good for a shortscalp?

5 set 2016

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

5 set 2016

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5 set 2016

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5 set 2016

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

5 set 2016

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example for sl-trailing

5 set 2016

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5 set 2016

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

5 set 2016

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Reached TP! Cheers!

5 set 2016

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5 set 2016

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5 set 2016

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next downwave ahead?

5 set 2016

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Reached next Action Point!

5 set 2016

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

5 set 2016

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

5 set 2016

Trade chiuso: obiettivo raggiunto

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

5 set 2016

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

5 set 2016

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5 set 2016

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trendbreak

5 set 2016

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trading below the illustrated 38,2 is still bearish imo

5 set 2016

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5 set 2016

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:-) tp reached again

5 set 2016

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

5 set 2016

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for those who believe ion the short-possibility

5 set 2016

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Trading above the right shoulder respective the head is bullish