Simple 1-2-3 Short Scalp? LIGHT CRUDE OIL FUTURES NYMEX:CL1! MaryJane 1-2-3? What is that? Feel free to read more about my favourite Setup: We have reached the min correction Level 38,2 @ 45,12. Here the sellers waited again. Let`s see if the consolidation will go further up to the max correction Level @45.5$ -Breaking through the illustrated last valid "2" will activate the shown example-shortposition (SL near above the possible "3?", TP= "2?" Most of my updates are only up to date for my followers - i mostly update my ideas in the comments, not through another publication - so please follow me if you like to get updated every time! Comments are welcome and very helpful for me - Agree or Disagree. Main View: Can this be true? Dez 2016: 75$ ??? https://www.tradingview.com/chart/CL1%21/Jjjwoqc5-Can-this-b... What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S? The RSI signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal. If this level would be bought, a H&S is being formed. Prices above the neckline could interpreted as a BIG LONG SIGNAL. I have illustrated the possible TPs in my chart Update Main View: https://www.tradingview.com/chart/CL1%21/684zvCkk-Update-Mai... Today we have reached the 61.8 fibo of the downswing 51,6-39,3 (yellow fibos). The open position is comfortable in the win (+7.25$). At this fibo level a corrective downmove is possible (BBs are stressed out) - perhaps down to the "traders dream" - the 38,2 fibo from the movement ( 39,3-47,04) at 44,82$ - the former breakout level! At latest here the present midterm uptrend in this tf should be resumed. My Main view is still active!