Trade setup: USOIL short term perspective

TVC:USOIL   CFDs on WTI Crude Oil
ah sorry, I wasn't impulsive enough to give my perspective on this trade setup, but we've had a sudden move to the upside, however, we rejected a key long term trendline as our 3rd drive, also 4HR candle spiked and closed below 53.00 as a shooting star , ideally if we could get further spikes into the highlighted region we could enter for short trades to the targeted D extension which is at a key psychological/ support level .

-Risk reward is great as usual with a 1:4 ratio


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