alfitec

Double bottom or even lower... Just beginner thougths

NYMEX:CL1!   Light Crude Oil Futures
5
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 divergence
and secound should mark Wave (v) of 3

Comments Welcome... (learned a lot from previous comments)
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