Oil reversal around the corner?

Following on from my last chart, we are approaching the previously identified target zone for this correction to terminate. The box is defined between prices 43.35 - 43.75.

I believe the market will have one last push into this target zone before a sharp reversal develops and the bears take us down towards the $38 mark.

I will look to enter short in the target zone with stops just above 44.86. So we're looking at 110 - 150 pips risk, for profit targets of 535 - 575 pips.

Bearish candles on the 2hr chart within the target box, followed by a MACD sell signal for the ultimate confidence booster would be my expectation.

If we see the market follow this script and hit $38... this could present us with the buying opportunity to jump onto the next 6+ month bull run.