adjust this idea with your trading strategy, break up this big ABCDE corrective pattern will invalidate this trading idea
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step by step, price should test the next support
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short position closed, as price supported and turn back up. it looks like will test again the long term resistance
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get out of this mini buy and waiting for picture get clear now
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Also pay attention to this cross market UKOIL, one followed another is reasonable to the brothers
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compared to UKOIL, USOIL is not that clear short term but it is not so bad as well
and here is the UKOIL picture in short term, let see which side it is going to break now
and here is the UKOIL picture in short term, let see which side it is going to break now