OIL, Currently correcting for more upside.

Overall, this whole move is the correction, so, it ca be traded, but will take longer to play out. You can see the clear impulse down on the higher timeframe, and the correction is just beginning. Pending orders set at the fib levels you can see on the chart, and the stop is just below the current low.

Comment:

Well, its missed those buy limits and rockets as expected. Watch for corrective structures to get in, unlucky here.