THIS CHART PATTERN IS CALLED THE WOLFIE WAVE; YOU LOOK FOR A CLEAR FIVE WAVE GYRATION, THEN ON THE FIFTH WAVE WHICH IS USUALLY THE BREAK OUT AND THE LONGEST WAVE, YOU CONNECT THE POINTS 'ONE' AND' FOUR' PROJECTING INTO THE FUTURE AND WHEREVER PRICE OVERLAPS IN THE FUTURE IS A REASONABLE TARGET FOR LONG AND THE WAVE FIVE.........ITS USUALLY NOT THE BE ALL AND END ALL, YOU LOOK PROBABLY CLOSELY IF ONE SEES IT BEFORE DECIDING TO HIT THE TRIGGER