WTI: Elliott Wave Analysis and Forecast for 13.11.26–20.11.26

Major Takeaways Main scenario: Consider long positions from corrections above 84.25 with a target of 107.00–115.50. A buy signal: the price holds above 84.25. Stop Loss: below 82.75, Take Profit: 107.00–115.50. Alternative scenario: Breakout and consolidation below 84.25 will allow the asset to continue declining to the levels of 78.30–73.40. A sell signal: the level of 84.25 is broken to the downside. Stop Loss: above 85.75, Take Profit: 78.30–73.40.Main ScenarioConsider long positions