OIL Medium Term 2

An this is daily timeframe with less subwaves, more neatly looking big picture.

By the way, I corrected wave B of (X) as previously the inner structures violated some of the rules, as pointed by Mark Heavens.

Now the corrective structure (X) in the midst of the anticipated move (W)(X)(Y) shaded in grey looks more organic with regards to its size relative to wave (W). However, wave (Y) may come out much smaller than indicated here. My indication of (Y) on the chart is for illustration only of what can be expected but it can be shaped differently and span over a shorter timeline.