WTI Crude Oil: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 72.20 with a target of 52.80 – 45.00. A sell signal: the price holds below 72.20. Stop Loss: above 73.50, Take Profit: 52.80 – 45.00. Alternative scenario: Breakout and consolidation above the level of 72.20 will allow the asset to continue rising to the levels of 80.70 – 87.75. A buy signal: the level of 72.20 is broken to the upside. Stop Loss: below 70.80, Take Profit: 80.70