Elliott Wave Analysis | Preparing for Wave (III)?RBOB Gasoline FuturesNYMEX_DL:RB2!Mehdi_Abbasi_EWPRBOB Gasoline (RB2!) Daily Chart Following the completion of a Classic Zigzag correction, RBOB Gasoline appears to have broken above its corrective channel, suggesting that the larger bullish trend may have resumed. My preferred wave count considers Wave (II) complete, with the current advance representing the early stages of Wave (III). If this interpretation is correct, the market may currently be developing Waves 1 and 2 before the strongest portion of the trend begins. The initial impulsive rally has already demonstrated encouraging strength. However, before the next major advance unfolds, a temporary pullback would remain entirely consistent with Elliott Wave guidelines. The ideal retracement zone for Wave 2 lies between the 38.2% and 50.0% Fibonacci retracement levels, while a deeper correction toward 50.0%–61.8% would still preserve the bullish structure. An additional technical factor supporting this scenario is the presence of what may become an Acceleration Gap. If this gap continues to hold, it would reinforce the view that bullish momentum is strengthening rather than fading. From this point forward, maintaining price above the first invalidation level keeps the primary bullish scenario intact. As long as that level remains respected, the market could continue building the foundation for a much larger impulsive advance. If Wave (III) develops as expected, the first objective would be the initial target zone, followed by higher Fibonacci expansion levels as the impulse matures. While the exact path will depend on future price action, the overall structure continues to favor the bullish scenario. As always, this is a probability-based Elliott Wave interpretation rather than a prediction. The market itself will determine whether this wave count continues to validate or whether an alternative structure begins to emerge. Patterns whisper. I listen. — Mr. Nobody No Lead Gasoline Jun 15 NOLEADGASOLINE (4H) | Updated Elliott Wave Roadmap