It seems that WTI is re-distributing again, and we are forming the LPSY leg.
I pondering on a short from 56,9x - 57 to mid 54. GL!
It is a risky trade so I have decided to close it. We need further confirmations on the bearish side and given the level (and the technical need to retrace already over-neglected) I am temporarily switching to shorts per an Wyckoff accumulation scenario that I will publish shortly.