WTI Crude Oil: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

Major Takeaways Main scenario: Consider long positions from corrections above 90.60 with a target of 115.50–125.50. A buy signal: the price holds above 90.60. Stop Loss: below 89.10, Take Profit: 115.50–125.50. Alternative scenario: Breakout and consolidation below 90.60 will allow the asset to continue declining to the levels of 79.30–67.00. A sell signal: the level of 90.60 is broken to the downside. Stop Loss: above 92.10, Take Profit: 79.30–67.00.Main ScenarioConsider