Crude Oil: Double Three B Wave

Spending some time analyzing the current state of the unfolding wave pattern in the July Crude Oil contract leads me to believe we are witnessing a double three corrective B wave. Laying out the expected pattern points to a violation of the recent low put in on April 5th of this year at roughly 43.90. Extension levels and retracement points converge around 41.5. From this level I would expect the commencement of a C wave rally which has potential to extend to 63-68.