Wednesday: Crude Oil - Week 19

TVC:USOIL   CFDs on WTI Crude Oil
It definitely looks like a big complex regular flat is in play. We have made a 3-wave corrective structure, so I'm looking for price-action to break the top 1 more time and then drop. I'm looking for the drop because of how the structure is developing, and the divergence in MACD and volume , which is indicating buyer-weakness.

I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.


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