Elliott Wave View: Oil Can see Profit Taking Soon

After forming the low on December 24, 2018 low at $42.36, Oil has continued to recover.

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CL_F Zigzag Elliott Wave Structure

In this blog, we will take a look at the price action and Elliott wave structure of Crude Oil since December 24, 2018 low. Understanding the structure of

Elliott Wave View: Crude Oil on the Verge of a Breakout

Since bottoming at $42.36 on December 24, 2018, Crude Oil (CL_F) has rallied more than 30%. The initial rally to $55.75 on February 4, 2019 took the form

Short Term Elliott Wave View in Oil Favoring More Upside

Oil’s (CL_F) short term Elliott Wave view shows that the decline from 10/3/2018 high ended as 5 waves impulse in wave a at $42.41. The cycle from 10/3/2018

OIL Elliott Wave Analysis: Calling For More Weakness

OIL Elliott wave analysis suggests that a decline from October 3, 2018 peak ($76.9) is unfolding as impulse Elliott wave structure. Down from $76.9 peak, the primary wave

CL_F (Oil) A buying or selling opportunity?

We at Elliottwave-Forecast.Com look at the Market as a whole and we keep track of many instrument to get an edge in the Market. At the end, nobody

OIL Elliott Wave Analysis: Extending to the Downside

Oil ticker symbol: CL_F short-term Elliott wave analysis suggests that the bounce to $70.44 high ended intermediate wave (2). The internals of that bounce took place as Elliott

Elliott Wave Analysis: OIL Starting The Next Leg Lower

OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in

OIL Elliott Wave View: Providing Buying Opportunity Soon

OIL short-term Elliott Wave view suggests that the pullback to $63.39 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument rallied strongly to the upside

CL_F Elliott Wave View: Calling More Strength

CL_F Elliott Wave short-term view suggests that the decline to 61.80 on 4/06/2018 low ended Intermediate wave (2). Above from there, Intermediate wave (3) remains in progress as