Key moment for crude ? new high highs or stuck in the range

Hi Guys,

recently been busy with work and other commitments so hardly been focussing on trades but a friend has asked me to get back into it so here we are …

As you can see crude is in a down trend in the bigger picture, but on a pullback of an uptrend, which is trading in the range, I have plotted a bullish sign (green) and a bearish sign (red),

a key area to start with would be the dashed black line/grey box. once price enters this area, I would wait for a entry signal and place a trade.
if a break out occurs I would wait for a retest of the grey box/black line for it to continue to be bullish,
If there is no break out of the grey box, I am going to place a trade on the short to the bottom dashed line, and the wait for a break out and a retest of the bottom dashed line,

** This is not financial advice this is for educational purpose, all feedback is welcomed - this is my opinion **

Trade safe

L