As you can see, all that bearish tendency was too much for Crude USOIL to continue its recovery. Now we have reached the monthly support around 36.70 US$ and the upper layer of the H4 Ichimoku cloud, so we should watch closely if the WTI will bounce from here or continue downwards to 36 US$ (0.23 Fib) or even further towards 34 US$.
The news from Iran about them increasing their production before negotiating any supply freeze have surely added to this downward move.