At the moment we see another consolidation by means of a . A test of the rising non-horizontal followed by a break higher indicates more price action to expect. This is very possible since I expect Oil to test at least 25. The question is whether we see a correction first or whether price moves into that direction by means of this current trend.
If we see a clear break below the rising black non-horizontal I will wait for a consolidation and continuation lower for a sell.