Just opened a short position when trend became exhausted. Double crossing in ultimate oscillator and my own TDSI indicator simultaneously gave indication of entry. I used the 1h chart to define stops and reward/risk calculation (not displayed)
Note
Still in the trade, but this was a false breakout pattern at its best. I hope the trade is eventually going to be a slight success, but I just accepted to make loss in this trade. Another example of why you shouldn't consider entry points based on the 15-min chart. However, reversal is still possible.Trade closed: stop reached
Stop loss reached (not a good way)Note
and then it returned in the profit zone ... investors heavily sold before end of trading day. Tomorrow I hope to catch swing in early morning hours (DAX opening) and collect some money. Again seems reasonable to me for another short position that might be more successful. 
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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.