WTI Crude Oil: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 80.45 with a target of 70.00–65.00. A sell signal: the price holds below 80.45. Stop Loss: above 82.00, Take Profit: 70.00–65.00. Alternative scenario: Breakout and consolidation above the level of 80.45 will allow the asset to continue rising to the levels of 91.80–105.17. A buy signal: the level of 80.45 is broken to the upside. Stop Loss: below 79.00, Take Profit: 91.80–105.17.M