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From Bounce to Barrier: Oil Path to the Next Sell Zone

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The short term price action in OIL suggests that the decline from 23rd June 2025 peak ended in 3 waves structure. Up from there, it has made a 5 waves bounce from the lows therefore we suspect that it can be correcting that cycle in simple zigzag correction into the path to the next sell zone. Now lets take a look at this hourly chart below:

OIL 1-Hour Elliott Wave Chart From 11.07.2025

From Bounce to Barrier: Oil Path to the Next Sell Zone

Above is the latest hourly view on OIL from 11.07.2025 Asia update. In which, the decline from $56.29 low has completed wave (W) of the decline from 6.23.2025 peak. Up from there, the bounce unfolded in 5 waves impulse sequence where wave ((i)) ended at $58.27 high. Wave ((ii)) pullback ended at 56.99 low, wave ((iii)) rallied towards $62.20 and wave ((iv)) ended at $61.21 low. Then a new high towards $62.59 high ended wave ((v)) thus completed wave A of a zigzag correction.

Down from there, OIL is correcting the cycle from 10.20.2025 low in wave B pullback. The internals of this ongoing pullback is taking place as double three correction where wave ((w)) ended in lesser degree 3 waves at $59.70 low. Then another 3 wave bounce ended wave ((x)) at $61.50 high. Since than, wave ((y)) is unfolding in another 3 waves. But it can reach $58.61- $56.82 area lower first before starting the C leg higher.

OIL Elliott Wave Video:

OIL CL_F Drops in Wave ((v)) – Minimum Target Hit!

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Hello traders. In this technical article we’re going to look at the Elliott Wave charts of  Oil commodity (CL_F) published in members area of the website. OIL  has recently given us a 3 waves recovery  that found sellers as expected. In this discussion, we’ll break down the Elliott Wave forecast.

OIL Elliott Wave 1  Hour  Chart 10.15.2025

OIL ended a 5-wave decline in the cycle from the 62.93 peak. Currently, the commodity is showing a recovery against that peak: wave ((iv)). We recommend that members avoid buying OIL at this stage and instead favor the short side. As our members know, wave ((iv)) usually ends within the 23.6–38.2% Fibonacci retracement zone, measured from the starting point of wave ((ii)), which in this case is the 62.93 peak. Therefore, we expect OIL to complete its ((iv)) recovery at 58.45–59.21. The price is already within the sellers’ zone, and we anticipate another leg down from this area.

You can learn more about Elliott Wave Patterns at our Free Elliott Wave Educational Web Page

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

OIL

OIL Elliott Wave 1  Hour  Chart 10.18.2025

The commodity ended wave ((iv)) within the mentioned zone as expected. We got decline toward new lows as expected. The price is currently in wave ((v)) which has already reached the minimum target at 56.82-56.15. We got this target by measuring inverse 1.236-1.618 fib extension zone of wave ((iv)). However, short term structure in wave ((v)) looks incomplete at this moment. So we believe another low still can be seen before bounce takes place in OIL.

Remember, the market is dynamic, and the presented view may have changed in the meantime. For the most recent charts and target levels, please refer to the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swing sequences. We put them in Sequence Report and best among them are presented in the Live Trading Room

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

OIL

Elliott Wave Forecast

At Elliott Wave Forecast, we track and analyze 78 instruments daily — but remember, not every chart is a direct trading signal.
For real-time, actionable trades, join our Live Trading Room, where we guide you through clear, professional setups every day.

🚀 Not a member yet? Now’s the perfect time, we have limited time Promo Offer :
Unlock full access with our 14-day Trial for just $0.99!

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✅ Official Trading Signals — with clearly defined Entry, Stop Loss, and Take Profit levels based on our proven strategy.
✅ Live 24 Hour Chat Room Access — ask unlimited questions and get expert support during trading hours (Monday–Friday).
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OIL (CL_F) Elliott Wave : Calling the Decline From the Equal Legs Area

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Hello traders. In this technical article we’re going to look at the Elliott Wave charts of  Oil commodity (CL_F) published in members area of the website. OIL  has recently given us a 3 waves recovery  that found sellers precisely at the equal legs area  as we expected. In this discussion, we’ll break down the Elliott Wave pattern and forecast.

OIL Elliott Wave 1  Hour  Chart 08.25.2025

OIL is giving us correction against the 70.58 peak. We expect to see another leg up toward  64.68-66.01 area to complete a 3 waves  (a)(b)(c) pattern. Our members know that we identify potential reversal zones using the Equal Legs technique.  As long as the price stays within this region, we expect sellers to take control and push it down toward new lows. We recommended that members avoid buying the OIL at this stage, while favoring the short side.

You can learn more about Elliott Wave Patterns at our Free Elliott Wave Educational Web Page

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

OIL

OIL Elliott Wave 1  Hour  Chart 08.27.2025

A 2 days later, we can see the result. OIL reached the proposed equal legs area and found sellers, as expected. We got a decent reaction from the sellers’ zone. The recovery peaked at 65.1.  As long as it remains below that high, the next leg down may be in progress

Remember, the market is dynamic, and the presented view may have changed in the meantime. For the most recent charts and target levels, please refer to the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swing sequences. We put them in Sequence Report and best among them are presented in the Live Trading Room

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

Elliott Wave Forecast

At Elliott Wave Forecast, we track and analyze 78 instruments daily — but remember, not every chart is a direct trading signal.
For real-time, actionable trades, join our Live Trading Room, where we guide you through clear, professional setups every day.

🚀 Not a member yet? Now’s the perfect time, we have limited time Promo Offer :
Unlock full access with our 14-day Trial for just $0.99!

Here’s what you’ll get:

✅ Official Trading Signals — with clearly defined Entry, Stop Loss, and Take Profit levels based on our proven strategy.
✅ Live 24 Hour Chat Room Access — ask unlimited questions and get expert support during trading hours (Monday–Friday).
✅ Expert Analysis — real-time updates across Forex, Stocks, Indices, Commodities, Cryptos, and ETFs.
✅ Hands-on Learning — sharpen your trading skills with direct mentorship from seasoned market analysts.

💬 Whether you’re an experienced trader or just getting started, Elliott Wave Forecast provides the tools, strategies, and support you need to trade with confidence.


Take the first step toward better, smarter trading 👉  Click here to start your Trial today!

OIL (CL_F) Erased the Entire Gain Since the Start of the Conflict

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Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of OIL  , published in members area of the website. As our members are aware, OIL is now potentially forming irregular Flat pattern against the 55.25 low.  Recently we saw a clear 3-wave pullback, followed by the expected rally and then sharp drop again. Since Israel and Iran confirmed a ceasefire, oil prices have erased all the gains made since the start of the conflict. In this post, we will explain the Elliott Wave count in detail.

OIL 1-Hour Chart Analysis: 06.16.2025

The current view suggests that OIL is about to complete a 3-wave pullback from the peak, labeled as wave ((iv)) in black. The price has already reached the extreme zone at 70.68–66.50, from which we can expect at least one more push higher before another pullback.

We expect OIL to continue attracting intraday buyers in 3, 7, and 11 swings, as long as the price remains above the 66.50 level (1.618 Fibonacci extension).

Reminder : You can learn more about Elliott Wave Patterns at our Free Elliott Wave Educational Web Page.

OIL

OIL 1-Hour Chart Analysis: 06.18.2025

OIL found buyers as expected and turned higher from the marked equal legs area (buyers’ zone). Wave ((iv)) ended at the 67.92 low, and we are now looking for a break above the wave ((iii)) peak. As our members know, the first target for wave ((v)) typically comes at the inverse 1.236–1.618 Fibonacci extension, which in this case lies in the 78.08–81.23 region.
Although OIL has the potential for further bullish continuation, we should be mindful of this zone, as it represents a strong technical area from which a deeper pullback may occur.

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

OIL 1-Hour Chart Analysis: 06.24.2025

OIL made a strong reaction from the inverse 1.236–1.618 Fibonacci extension zone. The decline appears to be unfolding as an impulsive 5-wave pattern, which is still in progress. The current view suggests that wave (4) in blue is taking the form of an Irregular Flat pattern. As it stands, we are still likely missing at least one more leg down to complete the 5-wave structure in the final leg of the proposed Flat. Once wave (4) completes, we expect to see a further rally in the commodity, ideally breaking above the 78.41 peak.

Reminder for members: Keep in mind that market is dynamic and presented view could have changed in the mean time. Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

OIL

Elliott Wave Forecast

At Elliott Wave Forecast, we track and analyze 78 instruments daily — but remember, not every chart is a direct trading signal.
For real-time, actionable trades, join our Live Trading Room, where we guide you through clear, professional setups every day.

🚀 Not a member yet? Now’s the perfect time, we have limited time Promo Offer :
Unlock full access with our 14-day Trial for just $0.99!

Here’s what you’ll get:

✅ Official Trading Signals — with clearly defined Entry, Stop Loss, and Take Profit levels based on our proven strategy.
✅ Live 24 Hour Chat Room Access — ask unlimited questions and get expert support during trading hours (Monday–Friday).
✅ Expert Analysis — real-time updates across Forex, Stocks, Indices, Commodities, Cryptos, and ETFs.
✅ Hands-on Learning — sharpen your trading skills with direct mentorship from seasoned market analysts.


Take the first step toward better, smarter trading 👉  Click here to start your Trial today!

OIL (CL_F) Elliott Wave Forecasting the Rally After 3 Waves Pull Back

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In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of Oil Futures (CL_F) , published in members area of the website. As many of our members are aware, the commodity has given us decent rally recently.  In the following sections, we’ll delve into the Elliott Wave pattern and explain the forecast.

OIL H1 Update 12.20.2024

The commodity is giving us correction against the 66.96 low. The pullback has already reached the extreme zone at 69.18-67.81, and we believe buyers should take the lead soon. At this stage, we advise against forcing trades in OIL . We expect buyers to push the price higher from the marked extreme zone, ideally toward new highs.

If you want to learn more about Elliott Wave Patterns, we invite you to explore our Free Elliott Wave Educational Web Page.

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

OIL

OIL H1 Update 01.02.2025

OIL responded exactly as expected. It found buyers at the Extreme Area ( 69.18-67.81) , making rally toward new highs. CL_F should ideally keep finding intraday buyers in 3,7,11 swings against the 66.96 pivot.

Keep in mind market is dynamic and presented view could have changed in the mean time. You can check most recent charts in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences.We put them in Sequence Report and best among them are shown in the Live Trading Room.

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Elliott Wave Forecast

Thank you for exploring our OIL (CL_F) Forecast with us. While we analyze 78 instruments, it’s important to remember that not every chart represents a trading recommendation. For official trading signals, we invite you to join our Live Trading Room, where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-day trial to unlock new trading opportunities.

Over the years, we’ve developed a reliable trading strategy that clearly defines entry, stop loss, and take profit levels. By joining us, you’ll gain access to expert guidance and the chance to refine your trading skills

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

💻 Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

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OIL (CL_F) Selling the Rallies at the Blue Box Area

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Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of OIL Futures CL_F published in members area of the website.  As our members know the commodity has been showing incomplete sequences in the cycle from the 94.63 peak. Recently OIL has given us the recovery that reached our selling zone. The commodity found sellers right at the Blue Box area and made the decline as expected. In the further text we are going to explain the Elliott Wave Forecast and trading strategy.

OIL Elliott Wave  H4 Chart 10.05.2024

The commodity is giving us clear 3 waves correction , forming Elliott Wave Zig Zag Pattern. The price has already reached the extreme zone at 74.35-78.91 (Blue Box – sellers zone).  We don’t recommend buying OIL and prefer the short side from the blue box  zone. As the main trend is bearish, we expect to see at least 3 waves pullback from our selling zone. Once the decline reaches 50 Fibs against the (b) blue low, we will make the short position risk-free (put SL at BE) and take partial profits.

Quick reminder:

Our charts are easy to trade and understand:
Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable.  🚫

You can learn more about Elliott Wave Patterns at our Free Elliott Wave Educational Web Page.

OIL

OIL Elliott Wave  H4 Chart 10.17.2024

The commodity found sellers at the Blue Box area: 74.35-78.91. We are receiving a good reaction from the selling zone. The decline made has reached and exceeded 50 Fibs against the (b) blued low. So, members who took the short trade are currently enjoying profits in risk-free positions.

Keep in mind that market is dynamic and presented view could have changed in the mean time.  You can check most recent charts in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences. We put them in Sequence Report and best among them are shown in the Live Trading Room

OIL

Elliott Wave Forecast

Thank you for exploring our Trading Setup of OIL with us. While we provide insights on 78 instruments, it’s important to note that not every chart is a trading recommendation. For our official trading recommendations, join us in our Live Trading Room where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-Day Trial now to access new trading opportunities.

Over time, we’ve honed a reputable trading strategy that accurately defines entry, stop loss, and take profit levels. By joining us, you’ll have the opportunity to learn from market experts and improve your trading skills.

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Sign up now and seize the opportunity to enhance your trading performance. Click here to start your Trial today!