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WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25

Major Takeaways

Main scenario: Consider short positions from corrections below the level of 73.00 with a target of 61.50 – 53.00. A sell signal: the level of 73.00 is broken to the downside. Stop Loss: above 73.80, Take Profit: 61.50 – 53.00.
Alternative scenario: Breakout and consolidation above the level of 73.00 will allow the asset to continue rising to the levels of 80.70 – 87.40. A buy signal: the level of 73.00 is broken to the upside. Stop Loss: below 72.50, Take Profit: 80.70 – 87.40.

Main Scenario

Consider short positions from corrections below the level of 73.00 with... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/wti-crude-oil-elliott-wave-analysis-and-forecast-for-070325-140325/?utm_source=telegram&utm_medium=social&utm_campaign=post

WTI Crude Oil: Elliott wave analysis and forecast for 07.03.25 – 14.03.25 | LiteFinance

WTI remains likely to drop to the levels of 61.50 – 53.00 | 07.03.2025

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Create: 2025-03-07
Last Update: 2025-03-31 08:07:14

WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25

Major Takeaways

Main scenario: Consider short positions from corrections below the level of 73.00 with a target of 61.50 – 53.00. A sell signal: the level of 73.00 is broken to the downside. Stop Loss: above 73.80, Take Profit: 61.50 – 53.00.
Alternative scenario: Breakout and consolidation above the level of 73.00 will allow the asset to continue rising to the levels of 80.70 – 87.40. A buy signal: the level of 73.00 is broken to the upside. Stop Loss: below 72.50, Take Profit: 80.70 – 87.40.

Main Scenario

Consider short positions from corrections below the level of 73.00 with... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/wti-crude-oil-elliott-wave-analysis-and-forecast-for-070325-140325/?utm_source=telegram&utm_medium=social&utm_campaign=post

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