crude traced out an impulsive drop from the Feb. 2018 high. Subsequent wave action looks corrective to the upside.
The correction may be either a zig-zag or a sideways extension as part of a complication. The zig-zag could burst imminently to the downside in terms of a valid and complete Elliott wave count.
This here is a speculative short-term trade idea with a good risk/reward ratio. The trade is active right now.