crude bottom or No ? LIGHT CRUDE OIL FUTURES NYMEX:CL1! motawfik we have 2 scenario here 1st scenario : we start from the top 114 with ABC wave to complete wave C and wave C completed with bottom 24 , therefor we will start new wave target new top 2nd scenario : we start from the top 114 with 5 waves , we are in 4th wave now , target 58 or 68 and after that we will make new & last bottom under 24 , then we will start new wave target new top