WTI Crude Oil: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 66.32 with a target of 50.50–45.00. A sell signal: the price holds below 66.32. Stop Loss: above 66.32, Take Profit: 50.50–45.00. Alternative scenario: Breakout and consolidation above the level of 66.32 will allow the asset to continue rising to the levels of 77.50–84.00. A buy signal: the level of 66.32 is broken to the upside. Stop Loss: below 66.32, Take Profit: 77.50–84.00.Mai