On the 4h chart of crude oil we can see that price made a nice rally from the lows. For now already in three waves but because of strong bullish momentum yesterday, we think that leg from 41.00 support can belong to wave three which is typically the strongest wave in a five wave sequence. Therefore, more gains are expected in sessions ahead, up to 45 and then even to 48.00 area while 41.07 support is not breached.
Crude oil, 4H