US OIL - Going lower after this correction !

Price made a nice Leading Diagonal from ~66.50 to ~60.00

We are now in a correction which might find resistance around 64.00
where we can find the 61.8% retracement level,
the 1.27 projection of wave (a)
and the upper channel line.

If the price goes above the 78.6% retracement level, it's an early sign that a new top might be coming,
therefore invalidation the count.

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It's going for an impulsive wave up it seems.

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Price came down after 5 waves up.
This chart was shared with my subscribers first

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and now

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Price went even lower.
Currently in a correction, so, expecting more weakness

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Position closed just in time !