US Crude Oil (WTI) - 30 Min Chart UpdateUS Crude is in its final corrective Wave C, where it is about to complete Wave 4 in the $99–$100 zone before starting the final Wave 5 upward.
The bigger Wave C is projected to complete near $117, which corresponds to 123% of the bigger Wave A.
Short-term bias remains bullish until Wave 5 within the bigger Wave C completes.
📈 Bias: Short-term bullish
🎯 Key Levels: $99–$100 for Wave 4 completion, $117 for Wave C termination
⚠️ This is not a trade call and is shared purely for educational purposes.
Crude
Crude - Will Fizzle out the same way it always does! Crude/ NaturalGas have been in oversupply for quite some time now.
Especially, Crude - where all Govts are putting in efforts to reduce dependence.
Natural Gas has at least one source where consumption is increasing - Gas based power plants.
My view is that Crude (and NG) is fundamentally getting disrupted and hence will remain low, albeit a few spikes - led by supply shocks.
Stories will be built on this time it's different - As were being built around NG, when it spiked because of an intense Arctic cold wave across the US and Europe. NG fizzled out much sooner than the cold wave subsided.
Went up 140% in 2 weeks and then gave back all those gains and broke previous lows in next 2. Now headed for another 50% drop as per me.
Here's the chart:
Now crude supply normalisation will take time, so it might not drop as fast. Today's high of 120 might get retested, but overall, we should head back to 50 or maybe 35.
As per EW - We have just done an X up. Once it's digested, we should head down in Y and break previous low.
Crude oil. All tgt done My All tgt on crude oil done. Now Crude in over bought condition. Now very Risky to buy buy we can't sell also . So better side wise. Now no technical will work here . It's news based Rally .so wait to settle news .
Now I m sitting with nil position in crude oil .
Now Let trend change . We will sell it. Once trend is changed.
Earlier I told to buy . Now take rest. By view on crude oil is sidewise.
CRUDE OIL By KRS ChartsDate: 2nd July 2025 / 19:35
Why Crude Oil ?
1. Starting with 1H Tf. Accumulation is visible with LLs to Sideways and now HHs & HLs
2. Crude oil Price is currently in Buy Zone with strong support.
3. Recent Gap Dow is likely to be Shakeout for Buyers.
4. In Bigger Timeframe price has made Low in March is likely to be the bottom as per Wave thoery.
5. After that bottom price on Higher low side price accumulating.
6. From Here it seems like bullish side trades will be better option for Crude Oil for Targets which are mentioned in Chart. (Medium Term View).
Updated crudeoil chart for aiming 7000+on 24th November I shared crude oil view with potantial target for 7000+ for upcoming days.
On chart my 1st Target is exactly achieved for 6383 on 3rd January 2025 with making high of it.
Now I made updated some potantial support for Crude Oil.
If it comes towards the zone then Crudeoil aiming up fast for 7000+
otherwise crudeoil try to make sideways zone around 6300-6500 for more days.
Crude Oil Future Analysis on 8 AugustMajor Support zone at 6074. If it break then we can see a big down move with in next couple of days.
Also it crate a trendline support as i draw in chart.
If market open gap down below 6074 and create a bearish price action then we can buy put option of 6000 . if it revert back then we can see a move of upside till 6831.
UK Oil - Ending diagonal elliott wave ?Uk oil is consolidating from a long time and it is taking support on a trendline and making compression pattern from march 2023, As per my wave analysis we can see crude around 60 dollars.
After touching 60 we can see crude oil in uptrend. This is the last wave of downtrend 5 th wave.
Thanks






















