WTI: Favoring correction to 53.20 & 55.60 where B will terminate, followed by C leg with 5 waves down. If we break 49.40 then 47.90 & 46.00 should be tested.
Correction levels should not exceed to 57.50 to keep strong bear trend. (Daily )
On intraday, we have a bullish reversak H&S pattern with Targets 51.00 51.50 ( Hourly )
invalidation for this pattern is a break for 49.60