Double bottom or even lower... Just beginner thougths LIGHT CRUDE OIL FUTURES NYMEX:CL1! alfitec Ok 5 waves down... not originaly mine... Looks that after corection wave 5 down should kick in.. Alternatives: % waes are complete and wave 1 is extended in leading diagonal... Corection is ABCDE instead of ABC and then from wave iii becomes wave 3 Funny thing AO peeked in First wave... I dont see any other start... First Divergence could be a part of leading diagonal div0.00%% and secound should mark Wave (v) of 3 Comments Welcome... (learned a lot from previous comments)