Potential Crude Short Opportunity

Short term uptrend in a sideways market. Tested resistance level of around 79.60 and retraced to fib level of 0.236. Potential short opportunity once price closes over 9 EMA and MACD indicates sell. Stochastic has already signalled sell in overbought. If price breaks through 0.236 fib level, expect a target of 0.382 level which has acted as previous support.