Oil has been pushed up because of news of the limit production result of OPEC conference.
Now we have several reasons that oil is making a top for these days and could drop down a little be for a retracment:
a. in the beautiful ascending channel, the last top make the end of wave 3. b. wave 3 finished at ext FIBO1.414 of wave 1 which usually would be the end of last trend. c. a clear RSI4h div appear. d. a small ascending channel on the top has been broken. e. usoil made the first small drop yesterday which is from 52.3-50.9
Now what? Waiting for the retouching of the small ascending channel on the top and short trade in again.