Within the last week or so, crude oil broke out of a range its been in for awhile. Now, we currently have a nice pullback to test that range as possible support. On the 4hr chart, we are currently sitting right on top of the 200 day EMA as some confluence. I am waiting for price to have some form of consolidation with a break above and a retest of that consolidation to form a higher low on the 1hr for entry.