WTIUSD recently reversed down from the key resistance level 43.35 (which also stopped the previous upward impulse wave 1 at the start of August) standing close to the upper daily Bollinger Band. The downward reversal from the resistance level 43.35 started the active impulse wave C. Given the strength of the aforementioned resistance level 43.35 – WTIUSD is likely to fall further toward the next round support level 40.00 (low of the previous minor correction (b) from the end of last month)