Wait for pullback.
I think the oil is going lower, And why not getting some money for your wife's christmas gift? :)
We wait for the price testing the trend.
If it wants to go through EMA and trendline, set your entry-price (for short) at the place the price went trough the EMA.
And wait wait for the price going ...
Could fit a ABCD pattern (maybe XABCD). And reacts well on the fib.
I am short until it breaks out of the pitchfork.
In my opinion it seems next year to be very bearish, if all the fundamental aspects are against us.
Like a lower price on oil.
If the market have a bad respond on next week news, it can get ...