Rectangles are consolidation continuation (of the prevailing move prior to formation) patterns.
And its formed on top of a flat topped triangle (bullish).
And there is a solid uptrend which will intersect with your rectangle base in a few more days.
There is currently about $0.50 premium for May over April and May appears to have held $53
I think your stop could be closer $52.50 to improve your risk reward and you save some ammo to re-enter later
So we agree and I like your chart although it is a different analysis to mine.
... just my 2c worth