USOIL on the weekly timeframe market is facing weekly resistance and is over extended, also on the weekly we can see market has formed a W formation after a W formation you expect to see the market complete the pattern at the neckline giving us our downside target, on the daily market has formed a double top and broke below support also giving us more confluence. On the 4hr our entry timeframe for swing trades, we are now about to retest previous support now acting as resistance giving us a valid entry to short.