Elliott Wave Forecast: Oil (CL) Anticipating a Decline from $64.7 Level

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Crude oil (CL) exhibits a bearish trend following its June 23, 2025, peak, signaling further declines. The ongoing descent forms a zigzag Elliott Wave pattern. From the June high, wave A dropped to $64, while wave B rebounded to $70.58, as depicted in the accompanying one-hour chart. Wave C, now unfolding, breaks into a five-wave […]The post Elliott Wave Forecast: Oil (CL) Anticipating a Decline from $64.7 Level appeared first on Action Forex.