GWaves
Long

Crude Oil Wolfe Wave Completion, 1-4 Line Target

NYMEX:CL1!   Light Crude Oil Futures
Here we have a Wolfe Wave for Crude Oil             , CL1!             . Price broke the 1-3 trend line but did not quite reach 5'. Therefore, we look at the 1-4 line as a target. The arrow pointing to the 1-4 line does not signify the path price will be taking. It is simply a visual tool.

I should also mention, I do not have a stake in Crude Oil             . I am comparing the movement of this chart to the related ideas below.

Comment: Hello Traders,

Consider Geo's Off-Set rule at point 4(50.92) as a potential area of reversal.

snapshot
nice...
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