After market retreated below first support (50.35) market managed to hit low around (49.60-65) while managed to sustain trades above main support level (49.15) which protecting the uptrend wave within Intraday & Short-Run levels.
The old support level (50325-35) back to support market now which giving the way toward farther advance toward (52.40-60) zone.
While (49.15) will consider the main support for this model and so any stop loss should be below this level.
Below (49.15) market may head for farther drop where will face another support around (48.25-35) which may OR may not hold the market.
CRUDE OIL - WTI