WTI Crude Oil: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

Major Takeaways Main scenario: Consider long positions from corrections above 92.50 with a target of 115.50–125.50. A buy signal: the price holds above 92.50. Stop Loss: below 91.00, Take Profit: 115.50–125.50. Alternative scenario: Breakout and consolidation below 92.50 will allow the asset to continue declining to the levels of 78.58–67.00. A sell signal: the level of 92.50 is broken to the downside. Stop Loss: above 94.00, Take Profit: 78.58–67.00.Main ScenarioConsider