OIL - Expecting a downwards move

We´re still in normal correction territory for blue wave B (between 100% and 161.8% of green waves A-B).

For now, I keep my previous analysis that we should see a pullback down to the 50´s.

If blue wave B goes a little bit higher to the low 80´s, then a flat correction becomes a possibility. In this case blue wave C could be quite shorter. I´ll be watching the price action for further updates (and an opportunity for a short trade).