The red line represent a continuation of the Bears controlling the CL market.
For now we are just testing the purple .
SELL ON BREAK
If the purple will hold, we will probably test the lower side of the yellow box area above us.
BUY-WHEN BREAKING THE YELLOW BOX
There is a big from the 30/09/14.
And if you will look carefully you can see a small starting from the 06/07/15.