Wave 5 from low of the year starting. target 50+

TVC:USOIL   CFDs on WTI Crude Oil
175 0 5
looks like we just completed wave 1 of wave 3 of wave 5.

expecting a pullback to 50% of 61.8% fib.

Bear divergence on hourly & 4 hour. (this chart is hourly but 4 hr             shows same divergence)

Not shorting, will start preparing to enter longs when AO and stoch RSI indicate an upcurve. prolly start position at 50% and add more down to 61.8% fib.
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