It is unclear whether crude broke free from a minor B wave triangle or not, as I show on the chart.
Price action certainly resembles a "thrust" that would be expected.
If a triangle, it measures to 84.33.
There is also the possibility that this is part of a combination corrective, and perhaps a combo that is not finished. That has yet to be determined.
Bottom line - price action does not appear finished in this move higher, however, it should be close to needing a retracement.
I am anticipating any retrace to be shallow and short lived.
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