US Oil is moving impulsively on the lower time frames and I will be focusing on a consolidation and sell continuation. It is an IF=THEN process and IF we see this consolidation unfold I will trade US Oil once again. Otherwise I let it go and wait for the next set-up. I'm still not a buyer for US Oil and I will try to explain why very soon by means of a webinar.
Safe trade and updates will follow 1hr chart for potential trade: