(Entered this scalp earlier) Currently short on OIL and looking to take it towards the S/D zone or channel bottom, before then I'll look for reversals.
This is a retracement, price is still very bullish on higher TF's and fundamentals.
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.