Oil on daily trendline from higher high
Oil has dropped fast to it´s trendline on Daily timeframe. Since the drop comes from higher high, I see this as a decent try for long trade. GL!
Note
Changed the RSI channel to new DD+ so it should better describe current PA: 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.