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Crude got that expected push down to complete subwave ( c ) of wave ( iv ) down
“Crude holds potential for another drop to complete wave ( iv ) down.”
Crude has got that final drop in micro wave v of ( c ) of ( iv ) into the Green Demand Zone. From here we can get another rally in wave ( v ) of C of ( B ). However, If crude goes under 61.8% retracement of wave ( iii ) down at 59.40 that would be a strong alert that crude has topped.
The critical support is at the low of wave ( b ) of ( iii ) at 58.26.