WTI crude oil under the bearish pressure after the price broke the support area located between the strong support level 65.00 (which has been reversing the price from the middle of July, low of the previous waves A and (i)) and the 61.8% Fibonacci correction of the sharp upward price impulse from April. The breakout of this support area accelerated the C-wave of the active ABC correction (2). The price is likely to fall further toward the next support level 61.60 (earlier monthly low from May, target for the completion of the active impulse (iii)