CRUDE OIL: Update

It's a 4th Wave after~ all? Let's see as all we have so far is the GAP Fill Low @ $67.04 that has allowed for some recouping of the virtual 'No Looking Back' Losses once the Triangle Apexed @ $106.00 BUT especially SO on the Outside~ Down Day REVERSAL with the $93.64 High initiating an Impulsive Wave 3 decline into the Sub~ Par (72) $60 Handles @ $67.04........Now what?

Staying below the 38.2% Retrace (Wave 4) is what a 5 Wave Decline needs & ultimate Terminus to the Huge Bearish Triangle Formation. Said 38.2% Resistance = ~ $82.

Technically: Downside Targets (IF indeed it's an Impulsive 5~ Wave (C) Leg completion from the $106.00 Apex) = f (Where Exactly Wave 4 Terminates (d)) IF it was the recent $76.08 High then potentiates are for an Internal 0.618 of $106.00 -$67.04 = $52. External C @ 1.618(A) targets $36.83 ($119.48 - $76.73)*1.618 off of the Apex @ $106.00. It's Mona Lisa stuff BUT more FUN!

If $76.08 = Wave 4 Terminus; we're in Wave 5 to New Lows? Good Q!