WTI OIL - More downside in sight

Price action for the last couple of months has been quite predictable (see related ideas), with FIB targets based on Elliott Wave counts serving as great trading opportunities.

What´s next? My primary count considers that we´re in a flat correction, and in this case Black Wave C can have several targets.
- 1st target: 61.8% pullback from black waves A-B (target reached, see previous post)
- 2nd target: 78.6-88.6% pullback from black waves A-B AND psych $100 level
- 3rd target: 123,6% pullback from black waves A-B (at $87)
- 4th target: 161.8% pullback from black waves A-B (at $75) -> this would be quite a strech

My plan is to sell on pullbacks to the upside, aiming each target gradually. Currently this scenario invalidates at 118.95, and I´ll move the invalidation level lower when new targets are reached.