Crude Oil Price To Tumble?

The price of crude oil has been in a sideways movement since early August. Currently crude is trading in the middle of a range and price has come up against a strong barrier. On the posted screenshot bellow, the resistance pivot has been market by an orange box. Two rejection candle bars have closed and are signaling a possible move south into the lower part of the trading range. If the low of the second pin-bar is violated we may see bearish momentum materialize. Overall on the daily and weekly charts oil is stuck in a sideways chop, however the last few trading days the intermediate trend is down. So this situation can be considered a pullback to resistance withing the short term downtrend. I am sure everyone knows the tired old cliché "the trend is your friend"! Enjoy!