Important level for oil - getting heavy

In my last analysis (see below) I was long and exited in the low 42s. I am getting bearish as this level continues having difficulty. Difficult to say if the trend line drawn is very relevant for the structure, but the horizontal resistance is well defined.

Comment: Oil is NOT a short until the blue region is broken. This means the key level is around 40.50.

Comment: I'm in - stop above high of candle with arrow

Trade closed: stop reached

Trade active: Went short again at 40.90 - Stop at 42. This is my last attempt

Comment: Working this time... Targeting green box first but exit will be trailed - tightening stops as it goes.

Comment: At my target zone now. Stops adjusted will keep riding if it goes but I think it'll be bought up a bit here

Trade closed: target reached: Trailing stop triggered at target zone.

Comment: Huge bounce off my target. Know your levels!!