Oil looks like it just made a running flat correction, with 5 waves coming down to complete the C wave we got a nice impulse up followed by what looks like flag the consolidation may not be over so wait for the lower time frame for entry, as long as we consolidate above the trend line look to buy the breakout up to $60!! I have longer term view drawn out on the chart but one step at a time 1400+ pip potential to the upside as i see it right now.