NYMEX:CL1!   Light Crude Oil Futures
In the related idea, I was waiting for a retest, a rising second wave of in a falling trend. Now here it is with a perfect double retest by a Zigzag correction at the .618 Fibonacci level.

After this textbook situation, I expect a downturn again. Go to the deep!
Any rising above 41.71 eliminate my forecast!
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.