1) Perfect inverted so far: if the inverted hold (blue) then we should expect long ride until 76$
2) One possible suggest that oil is in wave 2 ( , or ), ans will soon start wave 3 (green line)
3) Oil could be at the beginning of super wave 3 (Yellow wave count).
4) If the price will be within a channel. then wave 5 green should touch the upper line of the channel.
Of course all above are scenarios with high probabilities and not advice to enter long or short. Trade on your own risk. It is just sharing thoughts.
Personally I entered long a little early at 41.1 $ and I got stuck in the . So I will keep the long until the price exit the triangle and will act accordingly.
Good luck in your trade.
Please Note that I am not an inter-day Trader, so I do not chase prices in the short hourly frame.
Let us see if we reach 60$.