WTI As a reminder, when the market is nearing a Swing Low, like what's happening now, one of three W-shaped patterns will eventually form: A Double Bottom (type of W), Short Form W, or Extended W. They can look either simple or complex.
Also, the last leg of any W-pattern is usually the longest to create a bullish rally.
WTI Switching to the Daily, you can see that the bearish candle is dropping to fill the lower wick of yesterday's Pinbar Hammer.
If the bear run does not do a candle close past the low of the Pinbar Hammer (at 70.405) today or sometime this week, then back up it goes. But if it does happen, below is a S&R Zone (that starts at 68.658) and Swing Low at 68.365 that can potentially be breached.