US Oil (WTI) – 4H Elliott Wave Update Crude Oil SpotCAPITALCOM:USOILMehdi_Abbasi_EWPUS Oil (WTI) – 4H Elliott Wave Update | Structure First, Direction Second The overall outlook remains unchanged, and both scenarios continue to respect Elliott Wave rules and guidelines. The recent decline is still being monitored as the completion of a corrective structure. The key question is whether this decline is finishing an Expanded Flat within a developing bullish sequence or whether it is only another corrective phase before the larger bearish trend resumes. Aggressive Scenario The aggressive count continues to suggest that the advance from 54.877 marked the beginning of a new impulsive sequence. If this interpretation is correct, the current decline is completing Wave (2) as an Expanded Flat, with Wave C now approaching its final subdivisions. Once this corrective pattern is complete, I expect an impulsive advance to develop. Any corrective pullback after that impulse would simply confirm the trend before the next bullish leg begins. Conservative Scenario The conservative scenario remains consistent with the larger bearish outlook presented in the Daily analysis. In this case, the current recovery may only become another corrective structure before sellers attempt one more decline. A decisive break below 54.877 would invalidate the aggressive count and significantly increase the probability of a larger bearish continuation. What Matters Most At this stage, I am not trying to predict the market. I am waiting for the market to reveal its structure. A clear five-wave impulsive advance would strongly favor the aggressive scenario. However, if the recovery remains corrective and fails to develop impulsive characteristics, the conservative count will continue to carry more weight. As always, structure comes before prediction. This analysis is shared strictly for Elliott Wave research and educational purposes, not as financial advice. Facts always win. Patterns whisper. I listen. — Mr. Nobody 🎧📊 CFDs on Crude Oil (WTI) Jun 25 US Oil – 4H Elliott Wave Update CFDs on Crude Oil (WTI) Jun 24 US Oil – Daily Elliott Wave Perspective