Today's Oil action

Just like gold, I chickened out of a good short set up on Oil. Again we had the element of climax churn volume on the 5 min chart at a supply zone from yesterday.  We had HVC cluster on the 500 tick chart and HVC basing on the 100 tick chart.  Price did not retrace back, but there were opportunities on the small range chart for a trend re-engagement.  Price has dropped over 220 ticks from that level.  As I am very bearish on Oil, this was a trade I wanted very desperately to get in to as I could have held on to it for a large winner and not a scalp.

I will have to trust my chart reading skills more than I am currently doing.