Gasoline futures RB1! - Elliott wave analysis RBOB GASOLINE FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:RB1! cyclewave Gasoline futures ( RB1! ) - It has completed ABC zigzag down correction. The up move was impulse wave A and it seems like correcting down in wave B. This is the buy set up when B wave will finish near 1.034-1.008 for C wave up for target zone above 1.147 or higher. In 4 hr time frame this may the part of bigger (C) wave up from major bottom (Covid low). The pattern will be invalidated if price drop below 0.970 level. Give thumbs up if you really like the trade idea.