Commodites

Crude Oil In Wave Five. This Is What Members Read Before Price RalliedJun 23, 2025

Crude oil has been trading higher due to a situation between Israel and Iran. Since the escalation and strong rise, we talked about wave 3 of an ongoing five-wave bullish cycle with our members on June 16 that can resume even higher for wave 5 after a wave 4 correction.

As you can see in our screen shot from members area, we highlighted an important region for potential bounce into fifht wave. Not because we are “magicians” or something; its because we follow the Elliott Waves and we focus on “clear wave structure”, that are easy to recognize. And thats where opportunities are.

Crude Oil Unfolded A Five-Wave Impulse As Anticipated Crude Oil 4H Chart From June 16
Crude Oil 4H Chart From June 16

As you can see today on June 23, after a completed wave 4 correction, Crude oil nicely extended its rally within 5th wave. But what now, when this high has been reached?! We go higher, lower?

Join our community and discover Elliott Waves with us.

Grega

Crude Oil Unfolded A Five-Wave Impulse As Anticipated Crude Oil 4H Chart From June 23
Crude Oil 4H Chart From June 23

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